Orange County Home Pricing
After reading a recent community blog I read that someone asked about home pricing based on the per square foot price for a specific city. The writer was surprised that it was so low in comparison to neighboring communities within the same county. It got me to thinking about the same thing myself. I've done a recap on some of our local So Cal cities in Northern/Central Orange County. These figures are based on recent closings for the month of April 2008.
Data source, recent closings through the SoCal Multiple LIsting Service, one of the largest MLS organizations in the U.S. which serves Orange County and portions of Los Angeles County.Data is based on recent closings 4/1 through 4/30/2008.
Of course there are many factors location, condition, amenities, etc. which enter the equation, this is the overall average.
If you're interested in learning more about So Cal real estate, contact me Lynda@PreferredHomeBrokers.com. Preferred Home Brokers is one of the oldest established independent brokerages under the same ownership, serving home buyers and sellers for decades.
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Lynda, Broker-Owner, serves So-Cal in real estate. Her focus is about serving her clients, vs. doing deals. Lynda's built a strong following of personal referrals, the basis of her entire company.
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Hi Lynda, From low to high there is a $57 range. With new construction ranging from $195 to $245 per foot for an average home, figuring 1/3 of the overall price expended for land, these figures seem just about right.
I sure had a great time with you on our recent telethon.
Hey William ~ Thanks for the visit, and I think you're right on this one.
Actually those numbers aren't that bad considering a segment of our market is pushing $250+. I love the new picture, btw. Very flattering!
Hi Jessie ~ Nice to hear from you.
Great information for home buyers in OC Lynda!
Hello Neighbor,
Great information (as always). It really is good for consumers to see the numbers.
Irina & Tina ~ Good hearing from two of my So Cal favorite rainers.
Lynda - Yes the square foot information is something consumers do ask about. I have been providing both the list and sold square footage.
Jennifer ~ Thanks for the visit.
Lynda this is good information for consumers because it does give you a small picture of how communities differ in their pricing.