CoreLogic: Orange County Median Home Prices Hit New Record

From Jeff Collins at the O.C. Register: $657,500: O.C. median home price hits record The median price of an Orange County home – or the price at the midpoint of all sales – was $657,500, real estate data firm CoreLogic reported Tuesday. That's up $29,000, or 4.6 percent, in a year and $6,000 in a month. ... The previous peak of $645,000, reached in June 2007, is equivalent to $750,000 in today's dollars – or $92,000 higher than June's median. This brings up a few important points that I've mentioned before ... 1. This is the median price - not a repeat sales index - and the median price can......(read more)

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