OC Quarterly Market Update

REAL ESTATE
REPORT

Q4 2022

ORANGE COUNTY

Dear Homeowner,

The Quarterly Report offers insight into residential real estate sales activity and regional trends. It complements the Area Report, giving you a broader look at the real estate market. If you are interested in receiving the Area Report, please let me know. I would be happy to set that up for you.
The market summary below offers a look at sales activity for the prior quarter and year, along with current and past year-to-date statistics. The graphs cover several different aspects of the real estate market. Note how some of the graphs break out trends by price increments. Please contact me if you would like more information on your current market.

SCOT CAMPBELL

Direct: 714-336-0394

sdcampbellrealtor@gmail.com

www.scotcampbell.com

REAL ESTATE
SNAPSHOT

ORANGE COUNTY

Q4 2022

-42.14% PROPERTIES SOLD ALL PROPERTY TYPES	-2.54% AVERAGE SOLD PRICE ALL PROPERTY TYPES	0.96% MEDIAN SOLD PRICE ALL PROPERTY TYPES
-31.19% NEW LISTINGS ALL PROPERTY TYPES	1.24% AVERAGE LIST PRICE ALL PROPERTY TYPES	5.56% MEDIAN LIST PRICE ALL PROPERTY TYPES
-4.14% LIST/SELL PRICE RATIO ALL PROPERTY TYPES	71.43% AVERAGE DAYS ON MARKET ALL PROPERTY TYPES	177.78% MEDIAN DAYS ON MARKET ALL PROPERTY TYPES

	New Listings		%	Properties Sold		%	Median Sold Price		%	Median DOM		%
	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change
Aliso Viejo	71	123	-42%	99	170	-42%	$840 K	$760 K	11%	28	7	300%
Single Family	17	32	-47%	34	37	-8.11%	$1.16 M	$1.13 M	2.65%	26	7	271%
Condo	54	91	-41%	65	133	-51%	$755 K	$725 K	4.12%	29	7	314%
Anaheim	260	316	-18%	251	376	-33%	$755 K	$738 K	2.30%	23	10	130%
Single Family	167	203	-18%	167	244	-32%	$795 K	$800 K	-0.63%	25	10	150%
Condo	93	113	-18%	84	132	-36%	$628 K	$561 K	12%	19	12	58%
Anaheim Hills	99	133	-26%	83	173	-52%	$875 K	$966 K	-9.42%	26	8	225%
Single Family	72	103	-30%	63	142	-56%	$1.05 M	$1.07 M	-1.64%	22	9	144%
Condo	27	30	-10%	20	31	-35%	$662 K	$665 K	-0.45%	34	7	386%
Brea	41	87	-53%	62	107	-42%	$903 K	$950 K	-5.00%	27	9	200%
Single Family	36	71	-49%	52	92	-43%	$945 K	$975 K	-3.08%	24	11	118%
Condo	5	16	-69%	10	15	-33%	$660 K	$725 K	-8.97%	37	9	311%
Buena Park	76	123	-38%	71	134	-47%	$785 K	$785 K	0.00%	29	8	263%
Single Family	60	108	-44%	56	119	-53%	$790 K	$796 K	-0.75%	29	8	263%
Condo	16	15	6.67%	15	15	0.00%	$760 K	$600 K	27%	31	7	343%
Corona Del Mar	60	85	-29%	43	94	-54%	$3.60 M	$3.02 M	19%	50	21	138%
Single Family	28	51	-45%	25	49	-49%	$4.10 M	$4.50 M	-8.89%	63	23	174%
Condo	32	34	-5.88%	18	45	-60%	$2.63 M	$2.40 M	9.38%	41	12	242%

ORANGE COUNTY

REAL ESTATE SNAPSHOT | Q4 2022

	New Listings		%	Properties Sold		%	Median Sold Price		%	Median DOM		%
	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change
Costa Mesa	111	160	-31%	122	227	-46%	$1.12 M	$1.13 M	-0.53%	22	11	100%
Single Family	73	116	-37%	99	164	-40%	$1.23 M	$1.22 M	0.53%	26	12	117%
Condo	38	44	-14%	23	63	-63%	$755 K	$770 K	-1.95%	15	10	50%
Coto De Caza	24	48	-50%	35	68	-49%	$1.58 M	$1.65 M	-4.55%	20	11	82%
Single Family	21	45	-53%	30	65	-54%	$1.73 M	$1.66 M	3.92%	20	10	100%
Condo	3	3	0.00%	5	3	67%	$1.05 M	$678 K	55%	18	33	-45%
Cypress	44	100	-56%	64	133	-52%	$805 K	$850 K	-5.29%	23	8	188%
Single Family	26	62	-58%	37	81	-54%	$908 K	$955 K	-4.92%	20	7	186%
Condo	18	38	-53%	27	52	-48%	$649 K	$643 K	1.01%	34	11	209%
Dana Point	91	122	-25%	63	142	-56%	$1.48 M	$1.35 M	9.26%	28	11	155%
Single Family	53	81	-35%	33	96	-66%	$1.90 M	$1.73 M	9.86%	32	13	146%
Condo	38	41	-7.32%	30	46	-35%	$1.12 M	$893 K	26%	27	7	286%
Fountain Valley	83	91	-8.79%	75	104	-28%	$1.08 M	$1.06 M	1.89%	10	7	43%
Single Family	64	70	-8.57%	61	77	-21%	$1.14 M	$1.20 M	-4.84%	11	7	57%
Condo	19	21	-9.52%	14	27	-48%	$722 K	$660 K	9.32%	8	6	33%
Fullerton	143	242	-41%	174	279	-38%	$838 K	$820 K	2.20%	22	8	175%
Single Family	119	178	-33%	132	204	-35%	$900 K	$910 K	-1.10%	22	8	175%
Condo	24	64	-63%	42	75	-44%	$610 K	$530 K	15%	25	11	127%
Garden Grove	144	172	-16%	163	243	-33%	$795 K	$820 K	-3.05%	24	10	140%
Single Family	89	117	-24%	120	181	-34%	$837 K	$850 K	-1.53%	24	9	167%
Condo	55	55	0.00%	43	62	-31%	$575 K	$550 K	4.55%	24	10	140%
Huntington Beach	332	426	-22%	335	520	-36%	$1.10 M	$1.05 M	4.51%	24	10	140%
Single Family	206	270	-24%	217	342	-37%	$1.23 M	$1.23 M	0.00%	24	10	140%
Condo	126	156	-19%	118	178	-34%	$675 K	$685 K	-1.53%	22	11	100%
Irvine	425	562	-24%	417	718	-42%	$1.24 M	$1.15 M	7.83%	26	8	225%
Single Family	168	247	-32%	180	318	-43%	$1.67 M	$1.54 M	8.56%	29	9	222%
Condo	257	315	-18%	237	400	-41%	$1.00 M	$910 K	10%	23	7	229%
La Habra	88	108	-19%	100	146	-32%	$755 K	$750 K	0.67%	19	14	36%
Single Family	64	70	-8.57%	73	108	-32%	$816 K	$805 K	1.37%	18	14	29%
Condo	24	38	-37%	27	38	-29%	$520 K	$468 K	11%	24	13	85%
La Palma	27	21	29%	18	25	-28%	$962 K	$1.01 M	-4.83%	21	10	110%
Single Family	26	20	30%	17	24	-29%	$975 K	$1.02 M	-4.68%	22	9	144%
Condo	1	1	0.00%	1	1	0.00%	$460 K	$595 K	-23%	12	32	-63%
Ladera Ranch	31	80	-61%	36	101	-64%	$1.41 M	$1.13 M	25%	26	6	333%
Single Family	13	47	-72%	25	60	-58%	$1.70 M	$1.48 M	15%	30	7	329%
Condo	18	33	-45%	11	41	-73%	$805 K	$716 K	12%	26	6	333%
Laguna Beach	74	88	-16%	47	118	-60%	$2.81 M	$2.86 M	-1.83%	34	25	36%
Single Family	55	79	-30%	40	106	-62%	$3.01 M	$3.16 M	-4.75%	39	23	70%
Condo	19	9	111%	7	12	-42%	$1.44 M	$2.03 M	-29%	27	33	-18%

ORANGE COUNTY

REAL ESTATE SNAPSHOT | Q4 2022

	New Listings		%	Properties Sold		%	Median Sold Price		%	Median DOM		%
	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change
Laguna Hills	48	85	-44%	63	106	-41%	$915 K	$898 K	1.95%	30	10	200%
Single Family	26	51	-49%	39	61	-36%	$1.25 M	$1.15 M	8.70%	28	10	180%
Condo	22	34	-35%	24	45	-47%	$605 K	$575 K	5.25%	30	11	173%
Laguna Niguel	121	196	-38%	124	253	-51%	$1.19 M	$1.03 M	16%	30	10	200%
Single Family	68	107	-36%	81	146	-45%	$1.43 M	$1.35 M	5.56%	30	10	200%
Condo	53	89	-40%	43	107	-60%	$655 K	$681 K	-3.82%	34	9	278%
Laguna Woods	93	102	-8.82%	91	144	-37%	$410 K	$390 K	5.13%	24	15	60%
Single Family	1	0		0	0		$0	$0		0	0
Condo	92	102	-9.80%	91	144	-37%	$410 K	$390 K	5.13%	24	15	60%
Lake Forest	155	223	-30%	180	319	-44%	$950 K	$920 K	3.26%	24	9	167%
Single Family	101	130	-22%	113	184	-39%	$1.20 M	$1.06 M	13%	27	9	200%
Condo	54	93	-42%	67	135	-50%	$589 K	$550 K	7.07%	17	8	113%
Los Alamitos	15	21	-29%	13	33	-61%	$1.03 M	$1.10 M	-6.82%	21	10	110%
Single Family	11	15	-27%	8	24	-67%	$1.21 M	$1.27 M	-4.79%	28	9	211%
Condo	4	6	-33%	5	9	-44%	$755 K	$620 K	22%	21	12	75%
Midway City	5	8	-38%	5	6	-17%	$855 K	$901 K	-5.05%	5	16	-69%
Single Family	4	5	-20%	4	5	-20%	$873 K	$911 K	-4.23%	24	4	500%
Condo	1	3	-67%	1	1	0.00%	$585 K	$520 K	13%	4	35	-89%
Mission Viejo	170	266	-36%	209	364	-43%	$975 K	$930 K	4.84%	29	8	263%
Single Family	135	199	-32%	157	279	-44%	$1.10 M	$1.02 M	8.37%	27	8	238%
Condo	35	67	-48%	52	85	-39%	$700 K	$660 K	6.06%	33	7	371%
Newport Beach	140	190	-26%	91	238	-62%	$2.82 M	$2.78 M	1.51%	35	16	119%
Single Family	89	125	-29%	59	162	-64%	$3.80 M	$3.30 M	15%	39	17	129%
Condo	51	65	-22%	32	76	-58%	$1.30 M	$1.41 M	-8.23%	26	15	73%
Newport Coast	18	52	-65%	25	61	-59%	$3.18 M	$3.85 M	-18%	38	11	245%
Single Family	14	42	-67%	15	46	-67%	$6.88 M	$4.92 M	40%	67	13	415%
Condo	4	10	-60%	10	15	-33%	$1.63 M	$1.65 M	-1.52%	21	7	200%
North Tustin	27	38	-29%	35	67	-48%	$1.66 M	$1.46 M	14%	35	9	289%
Single Family	27	38	-29%	35	66	-47%	$1.66 M	$1.48 M	12%	35	9	289%
Condo	0	0		0	1		$0	$559 K		0	9
Orange	156	224	-30%	196	305	-36%	$899 K	$920 K	-2.33%	24	11	118%
Single Family	119	170	-30%	145	230	-37%	$945 K	$988 K	-4.30%	27	12	125%
Condo	37	54	-31%	51	75	-32%	$660 K	$632 K	4.43%	19	8	138%
Placentia	66	92	-28%	76	128	-41%	$843 K	$888 K	-5.07%	19	9	111%
Single Family	49	62	-21%	58	90	-36%	$897 K	$950 K	-5.55%	18	8	125%
Condo	17	30	-43%	18	38	-53%	$588 K	$563 K	4.44%	20	11	82%
Rancho Mission Viejo	39	51	-24%	48	73	-34%	$1.04 M	$1.01 M	3.23%	24	7	243%
Single Family	24	31	-23%	33	47	-30%	$1.08 M	$1.10 M	-2.04%	18	7	157%
Condo	15	20	-25%	15	26	-42%	$813 K	$738 K	10%	41	7	486%

ORANGE COUNTY

REAL ESTATE SNAPSHOT | Q4 2022

	New Listings		%	Properties Sold		%	Median Sold Price		%	Median DOM		%
	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change
Rancho Santa Margarita	81	168	-52%	125	215	-42%	$849 K	$855 K	-0.70%	29	8	263%
Single Family	43	95	-55%	63	113	-44%	$1.07 M	$1.11 M	-3.62%	30	7	329%
Condo	38	73	-48%	62	102	-39%	$616 K	$615 K	0.12%	26	8	225%
Rossmoor	12	18	-33%	24	28	-14%	$1.44 M	$1.46 M	-1.37%	16	7	129%
Single Family	12	18	-33%	24	28	-14%	$1.44 M	$1.46 M	-1.37%	16	7	129%
Condo	0	0		0	0		$0	$0		0	0
San Clemente	133	188	-29%	144	240	-40%	$1.51 M	$1.45 M	3.79%	30	10	200%
Single Family	96	152	-37%	108	191	-43%	$1.57 M	$1.54 M	2.28%	33	10	230%
Condo	37	36	2.78%	36	49	-27%	$912 K	$890 K	2.47%	14	12	17%
San Juan Capistrano	69	109	-37%	74	114	-35%	$1.17 M	$1.58 M	-26%	24	11	118%
Single Family	52	86	-40%	58	92	-37%	$1.57 M	$1.76 M	-11%	28	13	115%
Condo	17	23	-26%	16	22	-27%	$675 K	$737 K	-8.42%	9	6	50%
Santa Ana	184	307	-40%	219	338	-35%	$715 K	$658 K	8.75%	20	9	122%
Single Family	111	176	-37%	135	192	-30%	$795 K	$780 K	1.92%	22	10	120%
Condo	73	131	-44%	84	146	-42%	$451 K	$410 K	10%	18	9	100%
Seal Beach	19	29	-34%	27	41	-34%	$1.31 M	$1.20 M	9.33%	22	8	175%
Single Family	13	19	-32%	20	27	-26%	$1.43 M	$1.37 M	4.01%	19	9	111%
Condo	6	10	-40%	7	14	-50%	$525 K	$461 K	14%	34	7	386%
Silverado Canyon	1	6	-83%	4	11	-64%	$725 K	$750 K	-3.30%	30	16	88%
Single Family	1	6	-83%	4	11	-64%	$725 K	$750 K	-3.30%	30	16	88%
Condo	0	0		0	0		$0	$0		0	0
Stanton	23	37	-38%	29	49	-41%	$630 K	$578 K	9.00%	20	8	150%
Single Family	11	16	-31%	14	20	-30%	$735 K	$761 K	-3.35%	23	9	156%
Condo	12	21	-43%	15	29	-48%	$540 K	$490 K	10%	18	7	157%
Trabuco Canyon	15	27	-44%	17	37	-54%	$650 K	$800 K	-19%	31	14	121%
Single Family	7	19	-63%	9	22	-59%	$1.06 M	$1.17 M	-9.64%	48	11	336%
Condo	8	8	0.00%	8	15	-47%	$605 K	$507 K	19%	23	18	28%
Tustin	86	116	-26%	90	160	-44%	$955 K	$883 K	8.22%	20	8	150%
Single Family	52	65	-20%	50	78	-36%	$1.17 M	$1.10 M	6.85%	15	8	88%
Condo	34	51	-33%	40	82	-51%	$605 K	$570 K	6.15%	27	8	238%
Villa Park	11	18	-39%	11	12	-8.33%	$1.80 M	$1.88 M	-4.00%	22	24	-8.33%
Single Family	11	18	-39%	11	12	-8.33%	$1.80 M	$1.88 M	-4.00%	22	24	-8.33%
Condo	0	0		0	0		$0	$0		0	0
Westminster	64	84	-24%	61	96	-36%	$900 K	$861 K	4.53%	20	8	150%
Single Family	54	75	-28%	54	86	-37%	$928 K	$877 K	5.76%	19	8	138%
Condo	10	9	11%	7	10	-30%	$660 K	$652 K	1.21%	28	10	180%
Yorba Linda	120	197	-39%	149	258	-42%	$1.08 M	$1.18 M	-8.90%	27	9	200%
Single Family	96	140	-31%	119	181	-34%	$1.23 M	$1.39 M	-12%	27	10	170%
Condo	24	57	-58%	30	77	-61%	$623 K	$590 K	5.51%	29	8	263%

ORANGE COUNTY

REAL ESTATE SNAPSHOT | Q4 2022

	New Listings		%	Properties Sold		%	Median Sold Price		%	Median DOM		%
	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change	Q4 2022	Q4 2021	Change
Total	4095	5951	-31%	4394	7593	-42%	$949 K	$940 K	0.96%	25	9	178%
Single Family	2584	3838	-33%	2881	4916	-41%	$1.11 M	$1.13 M	-2.01%	25	10	150%
Condo	1511	2113	-28%	1513	2677	-43%	$685 K	$660 K	3.79%	24	9	167%

REAL ESTATE
SNAPSHOT

ORANGE COUNTY

MARKET OVERVIEW

Q4 2022 | Single Family

-41.41% PROPERTIES SOLD SINGLE FAMILY	-4.73% AVERAGE SOLD PRICE SINGLE FAMILY	-2.03% MEDIAN SOLD PRICE SINGLE FAMILY
-32.67% NEW LISTINGS SINGLE FAMILY	-0.98% AVERAGE LIST PRICE SINGLE FAMILY	4.55% MEDIAN LIST PRICE SINGLE FAMILY
-4.37% LIST/SELL PRICE RATIO SINGLE FAMILY	68.18% AVERAGE DAYS ON MARKET SINGLE FAMILY	150.00% MEDIAN DAYS ON MARKET SINGLE FAMILY

LISTING INVENTORY AND NUMBER OF SALES

Q4 2022 | Single Family

Quarterly inventory of properties for sale along with number of sales

MEDIAN SALES PRICE AND NUMBER OF SALES

Q4 2022 | Single Family

Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.

AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET

Q4 2022 | Single Family

Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM

Q4 2022 | Single Family

Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.

AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE

Q4 2022 | Single Family

Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of quarter.

PROPERTIES FOR SALE AND SOLD PROPERTIES

Q4 2022 | Single Family

Properties for Sale | Number of properties listed for sale at the end of quarter.
Sold Properties | Number of properties sold.

MONTHS SUPPLY OF INVENTORY

Q4 2022 | Single Family

Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.

REAL ESTATE
SNAPSHOT

ORANGE COUNTY

MARKET OVERVIEW

Q4 2022 | Condo

-43.48% PROPERTIES SOLD CONDO	3.54% AVERAGE SOLD PRICE CONDO	3.79% MEDIAN SOLD PRICE CONDO
-28.49% NEW LISTINGS CONDO	7.36% AVERAGE LIST PRICE CONDO	7.70% MEDIAN LIST PRICE CONDO
-3.70% LIST/SELL PRICE RATIO CONDO	78.95% AVERAGE DAYS ON MARKET CONDO	166.67% MEDIAN DAYS ON MARKET CONDO

LISTING INVENTORY AND NUMBER OF SALES

Q4 2022 | Condo

Quarterly inventory of properties for sale along with number of sales

MEDIAN SALES PRICE AND NUMBER OF SALES

Q4 2022 | Condo

Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.

AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET

Q4 2022 | Condo

Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM

Q4 2022 | Condo

Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.

AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE

Q4 2022 | Condo

Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of quarter.

PROPERTIES FOR SALE AND SOLD PROPERTIES

Q4 2022 | Condo

Properties for Sale | Number of properties listed for sale at the end of quarter.
Sold Properties | Number of properties sold.

MONTHS SUPPLY OF INVENTORY

Q4 2022 | Condo

ADDITIONAL
REPORTS

ORANGE COUNTY

Q4 2022

ALISO VIEJO (CA)