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Housing View Other Metric Periods
February 2015 Metrics   

Overview:
  • The median housing price in Orange County has generally stabilized around $580,000 for much of 2014, but home value may make a new receding shift in the first quarter of 2015. Orange County’s median home price in January 2015 is $562,000, a decline of $28,500 since the previous month’s median and an increase of $12,500 since the previous January. This marks the largest month-over-month decline in home value since December 2010. Whether home values will maintain this new low for the succeeding months of the new year remains to be seen.
  • Apartment rental rates in Orange County have seen strong year-over-year growth since 2012 and continue to climb to new heights in 2015. The Orange County average rental rate in January 2015 is $1,824 – roughly $125 higher than the previous January, and a higher average than any single month in 2014. On a per-city basis, Orange and Huntington Beach had the highest month-over-month growth ($81 and $44), while Irvine saw the largest decline ($70) despite typically leading growth in previous months.
  • Orange County Building permit activity in October 2014 hit landmark highs with 1,892 permits granted during the month. December 2014 brought two consecutive months of modest permit growth, with 745 new permits recorded in the county for the month. While Irvine was responsible for 19 percent of new permits issued in the December month, it was Anaheim that led for December overall, claiming 38 percent of permit activity.

Introduction picture:  Wide view of several homes
Table of Contents (click to jump to a specific measure):



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Orange County Median Home Prices 2004-2014
Orange County Median Home Prices 2002-2010: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

The median sales price of Orange County homes since 2002 is shown on this line chart showing the trend over time.

Source: Dataquick
http://www.dqnews.com/Charts/Monthly-Charts/OC-Register-Charts/ZIPOCR.aspx




Median Home Price County Comparisons
Orange County Median Home Prices 2002-2010: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

Orange County’s median home price is compared to other regions, showing the year-over-year and month-over-month change in value.

Source: Dataquick



Average Apartment Rents Orange County and by Major City
Average Apartment Rents Orange County and by Major City: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This indicator shows the average apartment rent for major Orange County cities and for the county average as a whole. The county average as a whole is not the average of the seven cities shown in this chart but for all the cities in Orange County.

Source: Rentbits.com
http://rentbits.com/rb/s/find-rentals




Total Foreclosures by County
Total Number of Homes Foreclosed: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This indicator measures the number of homes that have foreclosed each month by county.

Source: Default Research Inc.
http://market.defaultresearch.com/stats/ca




Total Number of Homes Foreclosed
Total Number of Homes Foreclosed: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This indicator measures the number of homes that have foreclosed each month by county.

Source: Default Research Inc.
http://market.defaultresearch.com/stats/ca




Building Permits by County
Building Permits by County : Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This indicator shows the number of building permits granted by jurisdictions in each county from December 2008 to the present time.

Source: Construction Industry Research Board



Building Permits by Jurisdiction in Orange County 2009-2013
Building Permits by Jurisdiction in Orange County: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This indicator shows the number of building permits granted by jurisdictions in Orange County from January 2009 to the present time.

Source: Construction Industry Research Board



Orange County Total Number of Housing Permits Granted 2009 - 2014
Orange County Total Number of Housing Permits Granted: Auxiliary aids and services are available upon request to individuals with disabilities.  TDD line: (714) 834-7163

This indicator shows the number of building permits granted in Orange County since January 2007.

Source: Construction Industry Research Board
Developed and Maintained in partnership with Orange County Business Council
The Orange County Workforce Investment Board is an equal opportunity entity. Auxiliary aids and services are available upon request to individuals with disabilities.
TDD line: (714) 834-7163