How’d home sales go in the first full month of spring in what we’ll call the “Beach Blvd. Corridor”?
Well, in and around Huntington Beach, Fountain Valley, Garden Grove and Westminster — purchases fell 4 percent in April vs. a year earlier. Real estate tracker CoreLogic found these 19 trends in 13 ZIP codes covered by the Orange County Register’s The Wave weekly, …
1. Purchases: Home sales in this period totaled 410 vs. 427 a year earlier, a decline of 4 percent in a year.
2. Who’s up: Prices increased in 8 of the 13 ZIPs as sales rose in 4 ZIPs.
3. Countywide: $715,000 median selling price, up 5.9 percent in a year. Orange County sales totaled 3,229 residences, existing and new, vs. 3,298 a year earlier, a decline of 2.1 percent in a year. Prices rose in 57 out of 83 Orange County ZIPs and sales were up in 37 out of 83 ZIPs.
Here is how prices and sales moved at the community level …
4. Fountain Valley 92708: $735,000 median, flat vs. a year earlier. Price rank? 35th of 83. Sales of 45 vs. 58 a year earlier, a decline of 22.4 percent in a year.
5. Garden Grove 92840: $528,000 median, up 2.5 percent in a year. Price rank? No. 70 of 83. Sales of 32 vs. 37 a year earlier, a decline of 13.5 percent in a year.
6. Garden Grove 92841: $672,500 median, up 12.1 percent in a year. Price rank? No. 46 of 83. Sales of 12 vs. 23 a year earlier, a decline of 47.8 percent in a year.
7. Garden Grove 92843: $470,000 median, down 6.9 percent in a year. Price rank? No. 79 of 83. Sales of 26 vs. 28 a year earlier, a decline of 7.1 percent in a year.
8. Garden Grove 92844: $480,000 median, up 17.8 percent in a year. Price rank? No. 77 of 83. Sales of 19 vs. 22 a year earlier, a decline of 13.6 percent in a year.
9. Garden Grove 92845: $680,000 median, up 7.1 percent in a year. Price rank? No. 44 of 83. Sales of 25 vs. 18 a year earlier, a gain of 39 percent in a year.
10. Huntington Beach 92646: $660,000 median, down 2.2 percent in a year. Price rank? No. 49 of 83. Sales of 59 vs. 61 a year earlier, a decline of 3.3 percent in a year.
11. Huntington Beach 92647: $735,000 median, down 1.7 percent in a year. Price rank? No. 35 of 83. Sales of 34 vs. 32 a year earlier, a gain of 6.3 percent in a year.
12. Huntington Beach 92648: $910,000 median, up 12.3 percent in a year. Price rank? No. 19 of 83. Sales of 63 vs. 45 a year earlier, a gain of 40 percent in a year.
13. Huntington Beach 92649: $850,000 median, up 18.1 percent in a year. Price rank? No. 23 of 83. Sales of 32 vs. 35 a year earlier, a decline of 8.6 percent in a year.
14. Midway City 92655: $583,000 median, down 2.0 percent in a year. Price rank? No. 61 of 83. Sales of 2 vs. 8 a year earlier, a decline of 75 percent in a year.
15. Stanton 90680: $425,000 median, up 13.9 percent in a year. Price rank? No. 80 of 83. Sales of 15 vs. 24 a year earlier, a decline of 37.5 percent in a year.
16. Westminster 92683: $660,000 median, up 17.3 percent in a year. Price rank? No. 49 of 83. Sales of 46 vs. 36 a year earlier, a gain of 27.8 percent in a year.
Let’s toss in three more countywide trends …
17. Single-family homes resales: 1,969 Orange County sales vs. 1,971 a year earlier, a decline of 0.1 percent in a year. Median: $775,000 — a rise of 5.4 vs. a year earlier.
18. Condo resales: 886 sales vs. 856 a year earlier, a gain of 3.5 percent in a year. Median: $500,000 — a rise of 4.6 vs. a year earlier.
19. New homes: 374 sales vs. 471 a year earlier, a decline of 20.6 percent in a year. Median: $970,500 — a rise of 17.1 vs. a year earlier.
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