• The Hartanov Team
• Property Search
• Home Buyers
• Home Sellers
• Contact Us

Site Navigation

• Orange County Property Search
• Orange County MLS Map Search
• Information For Buyers
• Information For Sellers
• Featured Listings
• Luxury Coastal Homes
• Relocation Guide
• Real Estate Market Trends
• Market Trends Graphs
• Real-Time MLS Market Snapshot
• Orange County Schools
• Local Area Blog
• Contact Us

Areas

• San Clemente
• San Clemente Neighborhoods
• Talega
• Talega Neighborhoods
• Dana Point
• Capistrano Beach
• Monarch Beach
• Laguna Beach
• San Juan Capistrano
• Laguna Niguel
• Mission Viejo
• Ladera Ranch
• Aliso Viejo
• New Communities
• 55+ Communities
• Short Sale & Bank Owned Real Estate

Orange County Real Estate Market Update
October 2007

What are the latest market trends in the South Orange County Market? Let's take a look at the September sales statistics for Orange County, California to get a better idea of what the future may hold for this area.

September figures for Dana Point show the number of new listings decreased 35 percent compared to September 2006. Sold listings increased by 50 percent during the same time period. Market times increased 63 days or 72 percent. The average sales price increased 32 percent to $1,736,203. 

Dana Point	New Listings	Sold Listings	Average Sales price	Average DOM
September 2007	53	27	$1,736,203	150
September 2006	87	18	$1,318,333	87

New listings in Laguna Beach decreased by 25 percent in September and the number of homes that sold increased by 15 percent. Market times climbed 14 percent. The average sales price decreased 58 percent to $1,464,831.

Laguna Beach	New Listings	Sold Listings	Average Sales Price	Average DOM
September 2007	45	19	$1,464,831	81
September 2006	60	16	$3,448,125	71

Laguna Niguel reported a 26 percent decrease in new listings in September 2007 compared to September 2006. Market times were down by 2 percent as the number of homes sold dropped 39 percent. The average sales price in Laguna Niguel showed a decrease of 16 percent bringing the average sales price to $744,787.

Laguna Niguel	New Listings	Sold Listings	Average Sales Price	Average DOM
September 2007	130	43	$744,787	79
September 2006	176	70	$884,742	81

Mission Viejo's average sales price dropped 11 percent to $673,800, while sales decreased by 47 percent and market times increased less than 1 percent. The number of new listings decreased by 20 percent.

 

Mission Viejo	New Listings	Sold Listings	Average Sales Price	Average DOM
September 2007	232	87	$673,800	73
September 2006	279	161	$756,357	72

The San Clemente average sales price dropped 1 percent compared to September 2006, bringing the average price to $951,125. The number of new listings decreased 13 percent, while sales decreased 37 percent. Meanwhile, the average market time increased 6 percent, with average market times of 97 days vs. 90 days in 2006.

San Clemente	New Listings	Sold Listings	Average Sales Price	Average DOM
September 2007	134	33	$951,125	97
September 2006	147	52	$958,871	90

San Juan Capistrano's average sales price increased 24 percent this September, bringing the average price to $1,065,217. The number of new listings declined by 15 percent, but market times increased 29 days or 40 percent, while sales decreased 38 percent.

San Juan Capistrano	New Listings	Sold Listings	Average Sales Price	Average DOM
September 2007	62	18	$1,065,217	102
September 2006	73	29	$861,835	73

All stats are compiled from the Southern California Multiple Listing Service. Information is deemed reliable but not guaranteed.

• May 2007 Real Estate Market Update
• March 2007 Real Estate Market Update
• February 2007 Real Estate Market Update
• January 2007 Real Estate Market Update
• December 2006 Real Estate Market Update
• November 2006 Real Estate Market Update
• October 2006 Real Estate Market Update

Current Real Estate Market Trends