Tuesday, May 18, 2010

Best April for homebuying in 3 years - Lansner on Real Estate : The Orange County Register

Best April for homebuying in 3 years - Lansner on Real Estate : The Orange County Register:

Lansner on Real Estate ~ The latest news about the housing market from the Orange County Register's Jon Lansner and Jeff Collins.

Best April for homebuying in 3 years

May 18th, 2010, 9:28 am · 18 Comments · posted by Jon Lansner

Sample April homes sold (Click for details)

$540,000

$552,000

$850,000

$1,455,000

DataQuick’s homebuying stats for April are out, and they show a real estate market still on the mend with sales of all residences of 2,669 — that’s up 11.60% in a year and the best April in 3 years. Median selling price was $430,000 — up 13.20% in a year. Also …

  • Resale houses: 1,704 sold — that’s +9.7% in a year. Median selling price was $505,000, +17.4% in a year.
  • Resale condos t: 877 sold — that’s +18.7% in a year. Median selling price was $299,000, +16.6% in a year.
  • New homes: 88 sold — that’s -11.1% in a year. Median selling price was $629,500, +32.8% in a year.

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