Orange County Real Estate Market The median price for a resale single-family detached home for Sep. 2009 was $500,000 year. The median price per sq. ft was $284.00. The total of all homes sold in Sept. was 1,862 a increase of 4.2 %. The total of all condos sold was 839. These numbers represent the change from the same month last year.
California Real Estate Market An estimated 40,216 new and resale houses and condos were sold statewide last month. That was up 1.0 percent from 39,811 in August, and down 0.3 percent from 40,317 for Sept. 2008. California sales for the month of Sept.have varied from a low of 24,460 in 2007 to a peak of 69,304 in 2003,the average is 44,4816. MDA Dataquick statistics go back to 1988 .
The median price paid for a Southland home last month was $251,000, up 0.8 percent from $249,000 in August and down 11.3 percent from $283,000 for Sep. 2008.
Average Mortgage Rate As of Oct. 29, 2009, the 30-year fixed 5.03 percent ,15 year fixed 4.46 percent, 1 year adjustable 4.57 percent
