South OC Times

In May 2023, the median sale price of a home in Orange County fell by $15,000 from the same period in the previous year, while total sales decreased by 24.6%, according to BlockShopper.com.

Data shows that there were 1,456 homes sold in May 2023, with a median sale price of $1,185,000 - a 1.3% decrease from the $1,200,000 median sale price for the same period of the previous year. There were 1,930 homes sold in Orange County in May 2022.

For context, the median sales tax in Orange County, based on the latest available data from 2021, was $5,978, which stands at 0.5% of May 2023's median home sale price.

The following histogram displays changes in median sales prices in Orange County from May 2022 to May 2023.