The Sloan Team

at Fidelity National Title How Were the Numbers for the First Quarter 2013? The overall median price for the first quarter was $485,000, a 22% gain. Resale homes came in higher at $540,000, an upward tick of 18.7%. Condominiums median was $325,000, a 27.5% rise. New homes, although much lower in volume were higher in price at $667,500, climbing 20.4%. The total volume of all homes sold was 7,746. There were 5,018 single-family resale, 2,203 condos and 525 new homes. All numbers were higher than 2012. Specifically for the month of March, there were only 108 homes that made it to a trustee sale auction/foreclosure, and only 574 Notices of Default recorded. Indeed, CoreLogic reports that Orange County's foreclosure rate fell to less than1% in February. Those that are 90 days or more delinquent dropped to 3.3%.