The price of an Orange County detached home in December fell $6,220 from November, and now stands 1.3% below the median price seen a year ago, the California Association of Realtors said Thursday.
The median price for an existing, detached home sold here in December was $692,980, down 0.9% from November, according to the association.
December’s median sales prices are off 5.3% from the county’s record high of $729,370, set in April.
The pace of local home sales last month increased 6% from November, but still are down 7.8% from a year ago.
The realtor association excludes condominiums from its figures.
Including condos, the median price of a home sold here was $642,000 in December, up 3.4% from a year ago, and just $4,000 off the county record median price of $646,000, set in June, according to La Jolla-based market tracker DataQuick Information Systems, a unit of Canada’s MacDonald Dettwiler and Associates.
The statewide December median price of a detached California home was $567,690, a 3.7% increase from a year ago, and a 2.2% increase from November, the California Association of Realtors said.
Statewide sales were down 15.3% in December from a year ago.
The median number of days it took to sell a single-family home in California was 73 in December, an increase of 3 days from a month ago, and up 30 days from a year ago.
Among OC cities, San Juan Capistrano was the priciest in the state in December, at $1.17 million.
