ORANGE COUNTY PUBLIC STATISTICS
Building Permit Activity (Valuations in Millions of Dollars):
| 2008/1st Quarter Permits |
2008/1st Quarter Valuation |
2008/2nd Quarter Permits |
2008/2nd Quarter Valuation |
2008/3rd Quarter Permits |
2008/3rd Quarter Valuation |
|
|---|---|---|---|---|---|---|
| Residential | ||||||
| Single | 301 | $110 | 495 | $176 | 287 | $109 |
| Multiple | 865 | $70 | 551 | $74 | 206 | $27 |
| All Units | 1,166 | $180 | 1,046 | $250 | 493 | $136 |
| Non-Residential | 396 | $664 | 400 | $749 | 364 | $597 |
Real Estate Market:
| Median Price of Existing Resale Single Family Dwelling Units |
| Oct 2007 | Sep 2008 | Oct 2008 | Oct ‘07 to Oct ‘08 Yearly % Change |
Sep ‘08 to Oct ‘08 Monthly % Change |
|---|---|---|---|---|
| $686,700 | $496,010 | $490,360 | -28.6% | -1.1% |
| Average (Mean) Price of Homes |
| 2007 4th Quarter |
2008 1st Quarter |
2008 2nd Quarter |
2008 3rd Quarter |
|
|---|---|---|---|---|
| Existing | $583,711 | $523,841 | $495,561 | $455,466 |
| New | $618,305 | $525,685 | $484,187 | $494,662 |
| Average | $591,230 | $524,061 | $494,544 | $457,710 |
| Index of Market Prices of Existing Single Family Dwelling Units (1990 = 100) |
| 4/2007 | 10/2007 | 4/2008 | 10/2008 | |
|---|---|---|---|---|
| Orange County | 278.9 | 265.6 | 231.6 | 217.1 |
| Northern | 268.3 | 257.3 | 223.6 | 201.3 |
| Central | 299.0 | 277.4 | 238.5 | 222.4 |
| Southern/Beach | 276.2 | 265.7 | 234.1 | 226.3 |
EMPLOYMENT
Current Estimate of Employed Residents: |
| November 2008 |
| Civilian Labor Force | 1,638,700 |
| Employed Residents | 1,538,300 |
| Unemployed Residents | 100,300 |
| Unemployment Rate | 6.1% |