Sales were also up 6 percent in O.C. – 2,828 units were sold in September compared to 2,667 in 2008. The number is also up from August, when 2,790 homes were purchased.
For the Southern California region – which includes O.C., L.A., Riverside, San Bernardino, San Diego and Ventura – the median price was $275,000. The number is unchanged from August, but it is down 10.9 percent compared to September 2008. Yet, it is the smallest year-over-year decline since November 2007, according to the report.
Orange County's median home price was the highest among the six counties measured. Ventura's price of $371,750 was the second highest.