July 3, 2010 University Park Trailing 90 Days MLS Market Update

Available:
17 homes with average asking price per square foot $345 and average days on market of 83.

Back-Up Offers:
11 homes with average asking price per square foot of $316 and average days on market of 164.

Pending:
6 homes with average asking price per square foot of $327 and average days on market of 57.

Closed:
24 homes with average sold price per square foot of $340 and average days on market of 59.

July 3, 2010 University Town Center Trailing 90 Days MLS Market Update

Available:
11 homes with average asking price per square foot $367 and average days on market of 51.

Back-Up Offers:
4 homes with average asking price per square foot of $322 and average days on market of 55.

Pending:
4 homes with average asking price per square foot of $323 and average days on market of 22.

Closed:
17 homes with average sold price per square foot of $342 and average days on market of 84.

Orange County Median Price and Sales Activity

Median Price of Existing Single-Family Homes
May-10 $505,747
Apr-10 $491,125
May-09 $474,113
MTM% Chg 3.0%
YTY% Chg 6.7%
Sales
MTM% Chg 15.9%
YTY% Chg 18.5%
Appreciation factoid: 7 years ago Dec-03, the median price of an OC home was $483,240; and 10 years ago 12-00 it was $310,730.