November 9, 2015
The condo market is still on fire in Southern California’s Orange County. Sales of condominiums have risen quite a bit lately, and mid-October was no different, with a 15 percent jump over last year, according to the research firm CoreLogic.
The median selling price for the resale of an Orange County condo was reportedly $425,000, up 6.3 percent from last year. Meanwhile, all residences in Orange County saw a 12.2-percent median bump from the same period in 2014, hitting $610,000.
Overall, Orange County home sales this year are higher than last year in 59 of its 83 zip codes.