Orange County Homebuying in September Rises 62% Versus Last Year
Posted on October 20, 2008 by Matt.
According to this article in the Orange County Register, home sales in Orange County showed gains over year-ago totals for the third month in a row, with the September mark hitting an all-time year-to-year percentage gain since DataQuick began tracking home sales data 20 years ago. The total amount of Orange County homes and condos sold in September 2008 totaled 2,667, an increase of 62% from September 2007. As stated in a recent blog on our website, San Clemente home sales rose almost 33% from year-ago totals. After a 33-month lull where home sales showed declines from the previous year's numbers, it looks like buyers are finally re-entering the marketplace to take advantage of the excellent deals in Orange County and San Clemente real estate. The median selling price in Orange County is down 25% from last year, while San Clemente real estate has seen an 11.5% decrease in sales price from year-ago numbers.
From people looking to purchase their first home to investors searching for the next great investment opportunity, this is truly an excellent time to explore the San Clemente real estate market. For more information on San Clemente homes and condos, please do not hesitate to contact us.
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