Real Estate Market Update for Orange, CA

Video: Real Estate Community Tour for Orange, CA

See Real estate community tour for Orange, CA
Welcome to February's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 16% from one year earlier, and down 4% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 640-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 3%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 530-thousand dollars. The number of units sold decreased 11% year-over-year, and decreased 20% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Orange, CA
Area Information for Orange, CA
  • Population: 138,951
  • Median Age: 34.36 yr
  • Median Commute Time: 21.56 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 5,604/sq mi
  • Population Change Since 2000: 6.45%
  • Closest Airport: John Wayne Airport-orange County
  • Closest College: Chapman University-orange
  • Closest Jr. College: South Coast College
  • Median Household Income: $78,431
  • Annual Residential Turnover: 18.9%
  • Median Years in Residence: 3.11 yr
  • Median Home Sales Price: $420,000
  • Closest Major Sports Team: Anaheim Ducks
  • Change Avg. Household Income Since 2000: 32%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Orange, CA
Median Age: 34.36 Married: 31% Number of Households: 44,038 Households with Children: 17,287
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Orange, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Villa Park Elementary School 0.1 mi Public K-6 5 4
      Villa Park High School 0.8 mi Public 9-12 4 3
      Handy Elementary School 0.8 mi Public K-6 2-5 3
      Eldorado Emerson Private School 0.8 mi Private PRESCHOOL-12 0 4
      Oakridge Private School 0.9 mi Private PRESCHOOL-8 0 4
      Prospect Elementary School 1.0 mi Public K-6 2-5 1
      Esplanade Elementary School 1.0 mi Public K-6 2-5 4
      Santiago Middle School 1.0 mi Public 7-8 3 4
      El Modena High School 1.1 mi Public 9-12 4 4
      Cerro Villa Middle School 1.1 mi Public 7-8 4-5 4
      Linda Vista Elementary School 1.1 mi Public K-6 4 4
      La Purisima Catholic School 1.2 mi Catholic PRESCHOOL-8 0 5
      Serrano Elementary School 1.2 mi Public K-6 4-5 4
      Christian Montessori School-orange Preschool 1.4 mi Private PRESCHOOL-3 0 0
      International Christian Montessori School 1.5 mi Private PRESCHOOL-5 0 0
      Lutheran High School Of Orange County 1.5 mi Private 9-12 0 4
      California Elementary School 1.6 mi Public K-5 1 2
      Ousd Home School 1.6 mi Public K-12 2-5 0
      Ousd Community Day School 1.6 mi Public 7-12 1 3
      Mcpherson Magnet School 1.6 mi Public K-8 4 5
      Independence Christian School 1.6 mi Private PRESCHOOL-8 0 5
      Taft Avenue Partner School 1.6 mi Private 7-12 0 0
      Salem Lutheran 1.7 mi Private PRESCHOOL-8 0 4
      Yorba Middle School 1.7 mi Public 6-8 2-5 3
      Parkside Prek And Kindergarten 1.8 mi Public PRESCHOOL-K 0 0
      The Whitworth School 1.8 mi Private PRESCHOOL-6 0 0
      Taft Elementary School 1.9 mi Public PRESCHOOL-6 2-5 3
      La Veta Elementary School 1.9 mi Public K-6 2-5 4
      Tec-canal St Elementary School 1.9 mi Private 1-8 0 4
      Jordan Elementary School 1.9 mi Public K-6 2-5 3
      Cambridge Elementary School 2.0 mi Public PRESCHOOL-6 2 3
      Rossier Park Elementary School 2.1 mi Private K-8 0 0
      Palmyra Elementary School 2.1 mi Public K-6 2 3
      Orange High School 2.1 mi Public 9-12 3 3
      St. Norbert Catholic School 2.2 mi Catholic PRESCHOOL-8 0 5
      Carden Heights Academy 2.2 mi Private PRESCHOOL-8 0 4
      Immanuel Lutheran 2.3 mi Private PRESCHOOL-8 0 0
      Covenant Christian 2.3 mi Private PRESCHOOL-8 0 4
      St. Paul's Lutheran Church And School 2.4 mi Private K-8 0 4
      St. John's Lutheran School 2.4 mi Private PRESCHOOL-8 0 5
      Richland Continuation High School 2.4 mi Public 11-12 1 3
      Shepherd Montessori Learning Center 2.5 mi Private PRESCHOOL-K 0 0
      Little Learners Preschool 2.7 mi Private PRESCHOOL-K 0 0
      Olive Elementary School 2.8 mi Public K-6 2 4
      Chapman Hills Elementary School 2.9 mi Public K-6 4-5 5
      Holy Family Elementary School 2.9 mi Catholic PRESCHOOL-8 0 5
      Fletcher Elementary School 3.0 mi Public K-6 2 3
      June Bug Preschool 3.0 mi Private PRESCHOOL-K 0 0
      Pyramid Autism Center 3.1 mi Private - 0 4
      Sycamore Elementary School 3.2 mi Public PRESCHOOL-6 2-5 3
      Far Horizons Montessori School 3.2 mi Private PRESCHOOL-8 0 3
      Portola Middle School 3.3 mi Public 6-8 2-5 2
      West Orange Elementary School 3.3 mi Public K-5 2-5 4
      Chez Grand Mere Preschool 3.5 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Orange, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.