Orange County Existing Home Sales Up 6.9 Percent #realestate #homeownership #investment #wealth

Source:  Orange County Register

The median price of an existing single family home hit $549,460 in California last month, up 7.4 percent from July 2016, the latest figures from the CALIFORNIA ASSOCIATION OF REALTORS show.

Orange County's median price was at $6785,000, up 6.9 percent over July 2016, but less than the record high price of $795,000 earlier this summer.

The association's report covers existing, single-family, detached homes only, or nearly two-thirds of the Orange County market.

Los Angeles County's median price reached $566,240, up 10.2 percent since last July; Riverside County was at $385,500, up 7.1 percent.  San Bernadino's median hit $266,250, climbing up 8.3 percent.

The statewide median price remained above $500,000 for the fifth month in a row.

Check out the full story here:
http://www.ocregister.com/2017/08/17/orange-county-existing-home-sales-up-6-9-percent/

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