Homebuying in Anaheim in the October-to-December period lost more ground than the cooled countywide sales pace.
Using CoreLogic data, we compared recent sales patterns for all residences vs. results the year-ago period. Sales in Anaheim sales fell as 627 residences were purchased this year vs. 690 a year ago. That’s a loss of 9.1 percent vs. a decline of 1.3 percent countywide.
Sales fell in five of seven ZIP codes. Here are neighborhood trends in Anaheim for year-end from CoreLogic’s report …
Anaheim ZIP code 92801 — 83 homes sold in the most-recent period vs. 106 a year ago. That’s a sales loss of 21.7 percent. Median selling price of $495,000 — ranked No. 78 of 83 ZIPs countywide — vs. $478,261 last year, a gain of 3.5 percent.
ZIP 92802 — 60 homes sold in the most-recent period vs. 55 a year ago. That’s a sales gain of 9.1 percent. Median of $518,500 — No. 74 — vs. $495,224 last year, a gain of 4.7 percent.
ZIP 92804 — 131 homes sold in the most-recent period vs. 133 a year ago. That’s a sales loss of 1.5 percent. Median of $536,000 — No. 69 — vs. $517,375 last year, a gain of 3.6 percent.
ZIP 92805 — 103 homes sold in the most-recent period vs. 141 a year ago. That’s a sales loss of 27 percent, Anaheim’s biggest. Median of $516,000 — No. 75 — vs. $484,962 last year, a gain of 6.4 percent.
ZIP 92806 — 54 homes sold in the most-recent period vs. 41 a year ago. That’s a sales gain of 31.7 percent. Median of $590,000 — No. 61 — vs. $551,402 last year, a gain of 7.0 percent.
ZIP 92807 — 128 homes sold in the most-recent period vs. 132 a year ago. That’s a sales loss of 3 percent. Median of $685,000 — No. 44 — vs. $633,087 last year, a gain of 8.2 percent.
ZIP 92808 — 68 homes sold in the most-recent period vs. 82 a year ago. That’s a sales loss of 17.1 percent. Median of $633,000 — No. 53 — vs. $640,040 last year, a loss of 1.1 percent.
See full-year 2017 CoreLogic results …
Beach ZIPs | North O.C. | South O.C. | Mid-county
From 2017’s fourth quarter, eight countywide trends to ponder:
1. At the neighborhood level, prices were up in 66 of 83 Orange County ZIP codes compared to the previous year.
2. Sales rose in 38 of 83 Orange County ZIPs.
3. Builder sales were 1,544 — up 4.2 percent from a year ago. Median selling price was $869,000 — up 0.2 percent from a year ago.
4. In the cheapest third of the county’s market — the 27 least expensive ZIPs, median of $622,500 and below — 2,540 homes sold. That’s down 0.9 percent compared to a year ago.
5. In the 27 priciest ZIPs — median of $789,050 and higher — 3,236 homes sold. That’s down 0.2 percent.
6. In the 11 Orange County ZIPs with medians above $1 million, sales totaled 720 homes, down 1.9 percent in a year. There were 10 seven-figure ZIPs a year ago.
7. In the county’s 16 beach-close ZIPs, 1,484 homes sold in the latest period, down 0.6 percent vs. a year ago.
8. As for relative bargains, there were six ZIPs with medians under $500,000 with total sales of 440 homes. A year ago, 14 ZIPs had medians under $500,000 with 1,039 sales, or a drop of 58 percent in a year.
In case you missed it …
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Southern California’s job growth only boosts its unaffordability
Source: Oc Register
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