The median price for a detached Orange County home was $699,060 in January, down a hair,0.5%,from December and up 10% from a year earlier, the California Association of Realtors said Tuesday.
Sales of detached homes fell by 18% in January from December. They were off 24% from a year earlier.
The association excludes condominiums from its numbers.
Condos drove January’s home sales, according to figures from La Jolla-based market tracker DataQuick Information Systems, a unit of Canada’s MacDonald Dettwiler and Associates.
Including condos, OC’s January median home price was $582,000 in January, up 9% from a year earlier but 6% below December’s record $621,000.
Statewide, the January median price of a California home was $551,300, up 0.5% from December, and up 14% from a year ago.
Statewide home sales decreased 6% from December and fell 24% from a year ago.
