Orange County house hunters were in a buying mood last month, seemingly undeterred by the $700,000 median selling price to close sales at the fastest November pace in 12 years.
Here are homebuying highlights for Orange County and the region, released Wednesday, Dec. 27, by housing tracker CoreLogic …
Last month 3,037 residences sold, up 2.4 percent in a year and the fastest-selling November since 2005.
It’s been a busy year with 33,391 sales since January. That’s up 6.9 percent from 2016, and it’s the second-best first 11 months of a year since 2006.
Across six Southern California counties, the median price hit $505,000 — tying an all-time high — up $40,000 or 8.6 percent in a year.
Yet homebuying across Southern California was basically flat vs. November 2016. Buyers got 19,569 residences, down a scant 11 in a year.
Here’s a look at other counties in November vs. a year ago …
Los Angeles: $567,000 median, up 7 percent. Sales up 0.6 percent.
Riverside: $365,000 median, up 7.4 percent. Sales down 3.7 percent.
San Bernardino: $317,500 median, up 7.6 percent. Sales up 8 percent.
San Diego: $540,000 median, up 9.1 percent. Sales down 4.2 percent.
Ventura: $580,000 median, up 10.5 percent. Sales down 6.3 percent.
Source: OC Register