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Housing View Other Metric Periods
January 2015 Metrics 

Overview:
  • Housing prices have tremendously appreciated year-over-year and have surpassed all median home prices for the county since 2008, closing out 2013 at five-year highs and hitting a price plateau in the latter half of 2014. Orange County’s median home price has grown slightly to $591,000 in December 2014, an increase of $6,000 versus the previous month’s median and an increase of $21,000 since the previous December. Median home prices are likely to begin 2015 at similar levels.
  • Average apartment rents for Orange County have spiked with housing price growth, with an average of $83 higher rents in 2014 compared to the previous year’s average. The Orange County average rental rates in December 2014 are among the highest seen in 2014 thus far, with a county average of $1,824 – just two dollars less than the high for 2014. On a per-city basis, there was little month-over-month variation, with Irvine seeing the highest increase of $39 since last month.
  • Orange County Building permit activity in October 2014 hit landmark highs with 1,892 permits granted during the month. November 2014 brought more modest permit growth, with 712 new permits recorded in the county for the month. Irvine led the majority of permit growth in November 2014, accounting for 68 percent of the month’s 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