In February, the median sale price of a home in Orange County rose by $210,000 from the same period in the previous year, while total sales increased by 14.7%, according to BlockShopper.com.
Data shows that there were 1,079 homes sold in February, with a median sale price of $1,260,000 - a 20% increase over the $1,050,000 median sale price for the same period of the previous year. There were 941 homes sold in Orange County in February 2023.
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 February's median home sale price.
The following histogram displays changes in median sales prices in Orange County from February 2023 to February 2024.