Anaheim, Orange, Villa Park home sales drop 11% in biggest O.C. slump since ’12

Homebuying in Anaheim, Orange and Villa Park fell 11% in what was Orange County’s slowest nine months of sales since 2012.

For nine consecutive months through April, CoreLogic housing stats show countywide sales failing to top the year-ago period. We wanted to see how these lethargic sales trends played out at the neighborhood level knowing that homebuying declined in roughly eight of nine local ZIP codes.

ICYMI: Does California need another crash to create affordable homes?

CoreLogic found these 19 trends in 13 ZIP codes covered by the Orange County Register’s Anaheim Bulletin weekly …

1. Purchases: Home sales in these nine months totaled 2,606 vs. 2,915 a year earlier, a decline of 11% in a year.

2. Who’s up: Prices increased in seven of the 13 ZIPs as sales rose in three ZIPs.

3. Countywide: $720,000 median selling price, flat in the period. Orange County sales totaled 22,872 residences, existing and new, vs. 27,289 a year earlier, a decline of 16.2% in a year. Prices rose in 43 out of 83 Orange County ZIPs and sales were up in nine out of 83 ZIPs.

Here is how prices and sales moved in Anaheim, Orange and Villa Park …

4. Anaheim 92801: $520,000 median, up 3.9% over 12 months. Price rank? 77th of 83. Sales of 205 vs. 232 a year earlier, a decline of 11.6% in a year.

5. Anaheim 92802: $551,000 median, down 6.6% over 12 months. Price rank? 72nd of 83. Sales of 202 vs. 173 a year earlier, a gain of 16.8% in a year.

6. Anaheim 92804: $565,000 median, up 3.7% over 12 months. Price rank? 71st of 83. Sales of 344 vs. 402 a year earlier, a decline of 14.4% in a year.

7. Anaheim 92805: $541,750 median, up 2.2% over 12 months. Price rank? 74th of 83. Sales of 263 vs. 298 a year earlier, a decline of 11.7% in a year.

8. Anaheim 92806: $620,000 median, flat in the period. Price rank? 61st of 83. Sales of 148 vs. 139 a year earlier, a gain of 6.5% in a year.

9. Anaheim 92807: $699,000 median, down 1.3% over 12 months. Price rank? 45th of 83. Sales of 345 vs. 405 a year earlier, a decline of 14.8% in a year.

10. Anaheim 92808: $715,000 median, up 4.2% over 12 months. Price rank? 42nd of 83. Sales of 180 vs. 231 a year earlier, a decline of 22.1% in a year.

11. Orange 92865: $637,500 median, up 2.0% over 12 months. Price rank? 58th of 83. Sales of 151 vs. 202 a year earlier, a decline of 25.2% in a year.

12. Orange 92866: $684,500 median, down 2.9% over 12 months. Price rank? 48th of 83. Sales of 73 vs. 73 a year earlier, flat in the period.

13. Orange 92867: $719,000 median, up 1.3% over 12 months. Price rank? 38th of 83. Sales of 254 vs. 282 a year earlier, a decline of 9.9% in a year.

14. Orange 92868: $537,000 median, up 26.4% over 12 months. Price rank? 75th of 83. Sales of 103 vs. 90 a year earlier, a gain of 14.4% in a year.

15. Orange 92869: $650,000 median, down 1.3% over 12 months. Price rank? 55th of 83. Sales of 288 vs. 333 a year earlier, a decline of 13.5% in a year.

16. Villa Park 92861: $1,259,000 median, down 17.7% over 12 months. Price rank? 9th of 83. Sales of 50 vs. 55 a year earlier, a decline of 9.1% in a year.

Plus, three more countywide trends found in nine months ended in April vs. the same period one year earlier …

17. Single-family-home resales: 13,720 Orange County sales vs. 16,058 a year earlier, a decline of 14.6% in the period. Median: $767,000 — a dip of 1.0% in the period.

18. Condo resales: 6,038 sales vs. 7,218 a year earlier, a decline of 16.3% in 12 months. Median: $500,000 — unchanged in the timeframe.

19. New homes: Builders sold 3,114 residences vs. 4,013 a year earlier, a decline of 22.4% in 12 months. Median: $981,500 — a rise of 7.3% in a year.