Interesting reading:
"Here?s the July MOCHA results of who?s hottest - decidedly inland communities - and who?s not - largely by the sea:
Top-ranked by my MOCHA index was Irvine 92602 with a median selling price of $936,500 in July. It had a 25 percent year-over-year gain in its median selling price, the fifth best in Orange County. Sales were up 126 percent in a year, third best.
Next came Irvine 92603 with a median selling price of $1.29 million. That?s up 35 percent in a year, second best. Sales were up 71 percent, eighth best.
Santa Ana 92701 ranked third, with a median selling price of $340,000. Its 58 percent price gain was the county?s best. Sales were up 60 percent, 11th best.
No. 4 was Stanton 90680, median selling price of $402,500. It had a price gain of 14 percent, the 10th best. Sales were up 68 percent, 9th best.
And ranking fifth was Mission Viejo 92691, median selling price of $608,500. It had a price gain of 10 percent, the 21st best. Sales were up 82 percent, 5th best.
The weakest ZIPs by MOCHA?s math comparing year-over-year buying trends for July was Newport Coast 92657, with a median selling price of $1,625,000. It had a dip in its median selling price of 34 percent in a year, the county?s worst. Sales were down 34 percent, next to worst.
Second weakest was San Clemente 92672 with a median selling price of $645,000. It had a price drop of 10 percent in a year, ninth worst. Sales were down 20 percent, fourth worst.
Next came Laguna Beach 92651, median selling price of $1.5 million. It?s price drop of 15 percent was fifth worst. Sales were down 7 percent, 13th worst.
No. 4 from the bottom was Newport Beach 92663, median selling price of $1.36 million. It had a price dip of 19 percent, third worst. Sales were off 6 percent, 15th worst.
And not near the ocean, the fifth-worst score was for Foothill Ranch 92610 with a median selling price of $520,500. It had a price loss of 18 percent in the year, the fourth worst. Sales were flat."
http://www.ocregister.com/lansner/percent-678417-price-year.html
"Here?s the July MOCHA results of who?s hottest - decidedly inland communities - and who?s not - largely by the sea:
Top-ranked by my MOCHA index was Irvine 92602 with a median selling price of $936,500 in July. It had a 25 percent year-over-year gain in its median selling price, the fifth best in Orange County. Sales were up 126 percent in a year, third best.
Next came Irvine 92603 with a median selling price of $1.29 million. That?s up 35 percent in a year, second best. Sales were up 71 percent, eighth best.
Santa Ana 92701 ranked third, with a median selling price of $340,000. Its 58 percent price gain was the county?s best. Sales were up 60 percent, 11th best.
No. 4 was Stanton 90680, median selling price of $402,500. It had a price gain of 14 percent, the 10th best. Sales were up 68 percent, 9th best.
And ranking fifth was Mission Viejo 92691, median selling price of $608,500. It had a price gain of 10 percent, the 21st best. Sales were up 82 percent, 5th best.
The weakest ZIPs by MOCHA?s math comparing year-over-year buying trends for July was Newport Coast 92657, with a median selling price of $1,625,000. It had a dip in its median selling price of 34 percent in a year, the county?s worst. Sales were down 34 percent, next to worst.
Second weakest was San Clemente 92672 with a median selling price of $645,000. It had a price drop of 10 percent in a year, ninth worst. Sales were down 20 percent, fourth worst.
Next came Laguna Beach 92651, median selling price of $1.5 million. It?s price drop of 15 percent was fifth worst. Sales were down 7 percent, 13th worst.
No. 4 from the bottom was Newport Beach 92663, median selling price of $1.36 million. It had a price dip of 19 percent, third worst. Sales were off 6 percent, 15th worst.
And not near the ocean, the fifth-worst score was for Foothill Ranch 92610 with a median selling price of $520,500. It had a price loss of 18 percent in the year, the fourth worst. Sales were flat."
http://www.ocregister.com/lansner/percent-678417-price-year.html