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West OC Times

Saturday, November 23, 2024

Orange County experienced increase in median home valuation prices in January 2024 compared to January 2023

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In January, the median sale price of a home in Orange County rose by $112,750 from the same period in the previous year, while total sales increased by 4.2%, according to BlockShopper.com.

Data shows that there were 870 homes sold in January, with a median sale price of $1,211,750 - a 10.3% increase over the $1,099,000 median sale price for the same period of the previous year. There were 835 homes sold in Orange County in January 2023.

For context, the median sales tax in Orange County, based on the latest available data from 2021, was $5,978, which stands at 0.5% of January's median home sale price.

The following histogram displays changes in median sales prices in Orange County from January 2023 to January 2024.

January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024$1,099,000$1,099,000$1,050,000$1,050,000$1,130,000$1,130,000$1,132,500$1,132,500$1,185,000$1,185,000$1,200,000$1,200,000$1,203,000$1,203,000$1,215,000$1,215,000$1,220,000$1,220,000$1,200,000$1,200,000$1,230,000$1,230,000$1,202,500$1,202,500$1,211,750$1,211,750

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