April’s Market Conditions Report for the Coastal Orange County market provides a 60 day snap shot for both single family residence’s and condos, broken down by area within Coastal Orange County. Special thanks to DJ Bibb of Ticor Title for providing the statistics.
The areas featured are:
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Balboa Peninsula
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East Bluff/Harbor View
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West Bay
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West Newport /Lido
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Lower Newport-Balboa
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Crystal Cove
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Corona del Mar
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Newport Coast
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Laguna Village
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North Laguna
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South Laguna
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Shady Canyon
The April 2008 Market Conditions Report continues to show a slow down in sales in the Coastal Orange County area although the slow down has “slowed” slightly since last months report, down to -41% vs -45% last month. So, the “spring pickup” in the market appears to be arriving as annually expected. As for the strongest sales in the region, Laguna Village continues to have the highest number of solds per month and the hightest % of listings selling. East Bluff and Harbor View has picked up steam over last months report. For the condos, Corona del Mar continues to have strong activity with the highest number of solds per month and tied for the highest % of listings selling along with East Bluff/Harbor View and North Laguna.
