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September Home Prices Up 14%

The median price of a home sold in Orange County rose 14% in September to $610,000 versus a year earlier but was down slightly from August’s peak.

Sales increased 13.6% to 4,072 houses and condominiums versus a year earlier, according to La Jolla-based market tracker DataQuick Information Systems, a unit of Vancouver-based MacDonald Dettwiler and Associates.

The Southland as a whole fared better on pricing, with the median up 16% in September from a year ago to $475,000. It was $1,000 less than August’s median.

OC’s sales growth topped the Southland as a whole.

In the six Southland counties, 31,740 homes were sold last month, down 7.4% from August and up 6% from September 2004.

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