Orange County Home Prices and Home Values

• Zillow Home Value Index

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  Zillow Home Value Index

  Mid-point of Zestimate valuations for Orange. Half the Zestimates are above this number and half are below it.

• Median list price ($)

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  Median list price ($)

  Mid-point of the list price for homes listed on Zillow in Orange, or the asking price.

• Median sale price ($)

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  Median sale price ($)

  Mid-point of the price homes have sold for in Orange. Half the homes sold above this number and half sold below.

• Zillow Rent Index

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  Zillow Rent Index

  Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Orange. Half the Rent Zestimates are above this number and half are below it.

• Median rent list price ($)

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  Median rent list price ($)

  Mid-point of the rental price for homes listed for rent on Zillow in the Orange. Half the homes have rent prices above this number and half are below.

• Total homes sold

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  Total homes sold

  Total number of homes sold in Orange during the prior 30 days.

• Median value per sq. ft. ($)

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  Median value per sq. ft. ($)

  Mid-point of the value of all homes in Orange, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).

• Median list price / sq. ft. ($)

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  Median list price / sq. ft. ($)

  Mid-point of Oranges list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).

• Median sale price / sq. ft. ($)

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  Median sale price / sq. ft. ($)

  Mid-point of Oranges sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).

• Rent estimate / sq. ft. ($)

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  Rent estimate / sq. ft. ($)

  Mid-point of the estimated monthly rent price of all homes in Orange, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).

• Median rent list price / sq. ft. ($)

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  Median rent list price / sq. ft. ($)

  Mid-point of Oranges rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).

• Median sale-to-list price ratio

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  Median sale-to-list price ratio

  Mid-point of the ratio between the sale price and the list price for all homes in Orange (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).

• Listings with price cut (%)

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  Listings with price cut (%)

  The percentage of current listings on Zillow in Orange whose price has been reduced in the last 30 days.

• Median price cut (%)

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  Median price cut (%)

  Mid-point of the percentage of price reduction for homes in Orange whose prices have been reduced in the past full month.

• Sold for loss (%)

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  Sold for loss (%)

  The percentage of homes in Orange that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.

• Sold for gain (%)

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  Sold for gain (%)

  The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).

• Homes foreclosed

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  Homes foreclosed

  The number of homes in the Orange per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.

• Foreclosure re-sales (%)

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  Foreclosure re-sales (%)

  The percentage of home sales in a given month in Orange where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).

• Increasing values (%)

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  Increasing values (%)

  The percentage of homes in Orange whose values have increased in the past year.

• Decreasing values (%)

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  Decreasing values (%)

  The percentage of all homes in Orange whose value has fallen in the last year.

• Sold in past year (%)

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  Sold in past year (%)

  The percentage of all homes in Orange that were sold in the past 12 months.

• $ 556,900
• 20.3 %Y-o-Y

• Calculated 06/15/2013^*
• ^*Includes data and transactions through 05/31/2013

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Orange County Home Prices and Home Values

	Region	M-o-M	Q-o-Q	Y-o-Y	May 2013
No records found.
	Orange	0.9 %	5.2 %	20.3 %	$ 556,900
	Aliso Viejo	1.3 %	7.4 %	21.0 %	$ 450,700
	Anaheim	0.7 %	4.1 %	19.3 %	$ 412,300
	Buena Park	0.9 %	4.9 %	20.8 %	$ 416,700
	Costa Mesa	0.9 %	4.8 %	20.9 %	$ 585,400
	Coto de Caza	—	—	—	—
	Cypress	0.2 %	2.7 %	14.7 %	$ 497,600
	Dana Point	0.7 %	6.3 %	22.8 %	$ 727,300
	Fountain Valley	0.1 %	2.0 %	17.3 %	$ 613,900
	Fullerton	1.4 %	6.6 %	23.4 %	$ 496,100
	Garden Grove	0.7 %	4.0 %	17.5 %	$ 416,900
	Huntington Beach	0.6 %	3.1 %	16.1 %	$ 648,300
	Irvine	0.4 %	5.2 %	21.6 %	$ 693,200
	La Habra	1.0 %	4.8 %	21.2 %	$ 399,600
	La Palma	1.1 %	5.0 %	15.7 %	$ 583,900
	Ladera Ranch	—	—	—	—
	Laguna Beach	2.3 %	7.4 %	26.8 %	$ 1,396,100
	Laguna Hills	0.8 %	5.7 %	21.1 %	$ 570,900
	Laguna Niguel	1.2 %	6.9 %	22.2 %	$ 681,800
	Laguna Woods	0.5 %	5.4 %	24.1 %	$ 242,400
	Lake Elsinore	0.1 %	2.8 %	16.1 %	$ 188,000
	Lake Forest	1.6 %	8.6 %	25.7 %	$ 539,400
	Los Alamitos	1.3 %	5.2 %	19.5 %	$ 867,600
	Mission Viejo	1.0 %	6.6 %	23.7 %	$ 557,300
	Newport Beach	1.1 %	7.5 %	20.4 %	$ 1,397,500
	Newport Coast	—	—	—	—
	North Tustin	0.8 %	3.0 %	16.5 %	$ 889,600
	Orange	1.1 %	4.8 %	19.7 %	$ 514,700
	Placentia	1.2 %	5.5 %	19.7 %	$ 527,200
	Rancho Santa Margarita	0.5 %	5.4 %	20.2 %	$ 481,700
	San Clemente	1.6 %	8.3 %	23.6 %	$ 744,800
	San Juan Capistrano	1.7 %	9.1 %	27.2 %	$ 570,500
	Santa Ana	1.4 %	5.0 %	22.1 %	$ 357,900
	Seal Beach	0.7 %	2.6 %	12.5 %	$ 788,000
	Silverado	4.8 %	14.4 %	43.5 %	$ 523,400
	Stanton	1.6 %	8.1 %	23.6 %	$ 339,200
	Sunset Beach	—	—	—	—
	Tustin	1.0 %	5.1 %	21.1 %	$ 544,200
	Villa Park	1.2 %	4.9 %	23.8 %	$ 1,165,200
	Westminster	0.7 %	3.9 %	18.4 %	$ 468,400
	Yorba Linda	1.2 %	6.1 %	22.4 %	$ 705,000
*Includes data and transactions through 05/31/2013

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DMV says driver in Newport Beach crash that killed 5 had expired temporary license

Jun 06, 2013 06:44 PM EDT

 

Published: June 6

NEWPORT BEACH, Calif. — The teen driver of a car that crashed in Newport Beach, killing all five youngsters aboard, had an expired temporary license, according to the state Department of Motor Vehicles.
Abdulrahman Alyahyan, 17, lost control of his speeding Infiniti G35 on Memorial Day, authorities said. The car slammed into a tree, split in half and caught fire.

 

The DMV initially said Alyahyan had no license or learner’s permit. But a more extensive review indicated that he had a 90-day temporary provisional license that expired two weeks before the crash, the Orange County Register (http://bit.ly/15LcuxH ) reported Wednesday.
According to a DMV timeline, Alyahyan received a learner’s permit in January 2012 after passing a written test. In July, he passed a driving test and was issued a 90-day interim license while the Department of Homeland Security examined documents indicating the Saudi Arabian native was in the country legally.
However, the department denied him clearance in August because his “legal presence” document was due to expire in less than 60 days, according to the DMV.
In February, Alyahyan completed a new application for a provisional driver’s license. He received the 90-day license, allowing him to drive while awaiting DHS clearance of new legal presence documents.
The DMV said that provisional license expired on May 12.
However, even if his temporary license had been valid, Alyahyan would have broken the law by carrying passengers under the age of 20, DMV spokeswoman Jan Mendoza said Thursday.
Friends said Alyahyan was obsessed with his car and spent hours working on it and driving it.
Orange County Superior Court records show that Alyahyan was cited in April by Irvine police for violating the terms of his provisional license, modifying the exhaust system of his car, and having an obstructed view.

The crash killed

Alyahyan,

Nozad Al Hamawendi and Cecilia Zamora, both 17;

and sisters Aurora Cabrera, 16, and Robin Cabrera, 17.

Like magic, the price to enter Disneyland just went up

June 2, 2013, 3:07 p.m.

It just got more expensive to visit the Happiest Place on Earth. Again.

Walt Disney Co. raised entry prices to its theme parks in California and Florida, effective Sunday.
A single-day ticket to either Disneyland Park or Disney California Adventure Park in Anaheim for visitors 10 or older now costs $92, up from $87 -- a jump of nearly 6%.
The cost of the day pass has risen 28% since early 2010, when it was $72. Prices were previously raised in August 2010, June 2011 and May 2012.
“Like any business, we evaluate and adjust our pricing based on a variety of factors,” Burbank-based Disney said in a statement. The price of a ticket for a child age 3 to 9 increased to $86 from $81. And the price of parking at the Anaheim property is now $16, an uptick of $1.
The prices of annual tickets went up too. The Deluxe Annual Passport, which allows admission to both Anaheim parks 315 days of the year, now costs $499 -- up from $469. The Premium Annual Passport, which has no blackout dates, now costs $669, an increase of $20.
Disney is offering discounts of up to $40 to annual passholders who renew before their tickets expire. In some cases, the discounts offset the price hikes.
The company is now nearing the vaunted $1,000 mark for its ultra-pass. The Disney Premier Passport, which allows unlimited admission to the attractions not only in Anaheim but also in Florida, now costs $979, up from $849.
Recent price boosts have helped Disney’s bottom line. Its parks and resorts posted operating income of $383 million for its fiscal second quarter — a gain of 73% from a year earlier.
“Increased guest spending was due to higher average ticket prices, food, beverage and merchandise spending and daily hotel room rates,” the company said May 7. “Higher costs were driven by new guest offerings, including investments in systems infrastructure at Walt Disney World Resort and resort expansion at Disneyland Resort, as well as labor and other cost inflation.”
http://www.latimes.com/business/money/la-fi-mo-disneyland-price-rise-20130602,0,4374914.story

 

Alhambra officers shoot, kill man inside police station

One man was shot and killed in an officer-involved-shooting inside the Alhambra Police Department station. (KTLA / May 17, 2013)

May 17, 2013, 10:00 a.m.

A man shot by Alhambra police inside the police headquarters lobby on Friday morning has died, a coroner's spokesman said.

One or more Alhambra police officers fired their guns about 7:30 a.m. inside the police station on Commonwealth Avenue, hitting a suspect, said Sheriff's Capt. Mike Parker.
Officials said they were still gathering information and could not yet say exactly what happened inside the station.
Los Angeles County coroner's spokesman Ed Winter said the man was pronounced dead at the scene.
Sources familiar with the incident said preliminary information suggests that the man was armed with a weapon and made threats seconds before the shooting.
The police department lobby has been closed and some streets in the area have been shut down.

http://www.latimes.com/local/lanow/la-me-ln-alhambra-police-shooting-dead-20130517,0,6498384.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+lanowblog+%28L.A.+Now%29

Woman killed in apparent street race May 26, 2013

Woman killed in apparent street race

A 24-year-old woman was killed and six other people injured when a driver believed to have been involved in a street race ran a red light and struck two cars, the California Highway Patrol said.

Michael Villalobos was driving a 2003 Acura just after midnight Saturday when he failed to stop for the light at Firestone Boulevard and Alameda Street in South Gate, the CHP said in a news release.
Villalobos’ car broadsided a 1997 Honda in the intersection, the CHP said. The 24-year-old driver of that car, whom the CHP did not identify, died at Saint Francis Medical Center.
Villalobos’ car struck another vehicle, resulting in major injuries to the 50-year-old woman driving the car and minor injuries to her passengers, ages 15 and 16, the CHP said.
Two of Viallabos’ passengers, ages 17 and 21, were also taken to the hospital with minor injuries.
Villalobos, who a CHP spokesperson said was in his early 20s, was arrested on suspicion of being involved in a “speed contest,” reckless driving and vehicular manslaughter.

RESTAURENTS ORANGE COUNTY

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Jason Erling Hallstrom, 41, died late Saturday, said Santa Ana Police Cpl. Anthony Bertagna

Man shot by Santa Ana police dies

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By Nicole Santa Cruz

March 25, 2013, 6:32 p.m.

A man who was wounded in an officer-involved shooting in Santa Ana on March 15 has died, police said.

Jason Erling Hallstrom, 41, died late Saturday, said Santa Ana Police Cpl. Anthony Bertagna.
Hallstrom was charged with a felony count of unlawfully taking a vehicle and a misdemeanor count of resisting a peace officer, according to court records. He was due in court Monday.
On March 15, police said they attempted to pull over the driver of a four-door beige Nissan Sentra as it was traveling northbound on the 5 Freeway.
The driver, identified as Travis Stuart Mock, 29, pulled off the freeway at North Grand Avenue and then sped north to East 15th Street. Police originally reported that Hallstrom was the driver.
Mock attempted to make an eastbound turn but crashed into a curb, coming to a halt in nearby shrubbery, Bertagna said.
Mock and Hallstrom exited the car, after which the officer-involved shooting occurred, authorities said. It is still unclear what led to the shooting.
Hallstrom was arrested near the car, and Mock attempted to flee but was arrested. Both were taken to Western Medical Center. Police initially said the two men were in serious but stable condition.
Last week, Mock pleaded not guilty to felony counts of evading a peace officer and reckless driving, the unlawful taking of a vehicle and possession of a controlled substance, among other charges, according to court records.
The incident is under investigation by the Orange County district attorney's office, a standard procedure in officer-involved shootings