Orange Coast Magazine

O.C. Home

 

Sizing Up the Market by the Square Foot: Orange

Orange: $424/square foot

Inside the guard-gated Portofira neighborhood is this 4,450-square-foot five-bedroom, five-bath Mediterranean for $1.9 million. The 1997 residence on North San Miguel Drive has an eat-in kitchen with stainless-steel appliances and a vegetable sink at the island. The property includes a garage for four cars, an outdoor barbecue, and a pool and spa. Listing agent: Kathy Leimkuhler, 714-855-8050

How much is a single square foot of home worth in Orange County? While it can be as much as $10,000 on rare occasions in Laguna Beach, or a couple hundred dollars elsewhere, the county’s median sales price is $335 per square foot—and rising.

Zillow’s economists predict a 5 percent jump in local home values this year, compared with 3 percent nationwide, says Svenja Gudell, the real estate website’s director of economic research. “Orange County is certainly one of the more expensive counties in California, and the nation as a whole,” she says. The local median home’s price per square foot outpaces the state’s by $99, and nearly triples the national median of $118.

Leave a comment:

· Subscribe to comments
Be the first to comment here.

Sponsored Listings

  • 1170 Marine Dr

    Amazing opportunity to live in one of California’s most sought after cities! Located in the highest desirable neighborhood of Laguna Beach. Just steps away from Shaw’s Cove & across Crescent Bay Beach. Fabulous Cape Cod style home. Newly remodeled and tastefully decorated, light, bright and glamour in every room! This model perfect home features three spacious bedrooms, with en-suite and walk-in closets. Master bedroom with large retreat and fireplace. Large upstairs Family Room/Bonus room is perfect for entertaining. Chef’s Delight kitchen is beautifully decorated with upgraded stone counter tops, glass backsplash, Viking Stove/Oven, Sub-Zero Refrigerator and more. Entertainer delight patio and backyard with Ocean and City Lights view from upper floor completes this home. Read More
  • 1245 Gaviota #A

    Presenting Cottages at Gaviota. This is part of four unit residential luxury living. Completely remodeled with wood floor though, bright and open cottage inspired design and furnishings. One bedroom and one bath opens to a private porch. Located within steps to the beach and shopping and restaurants. Read More
  • Introducing 1715 Ocean Way

    Welcome to 1715 Ocean Way!!! Wow!! One of a Kind Oceanfront residences. Indoor /outdoor living with panoramic ocean views from every room. Hard to describe the sounds of crashing waves and magnificent, endless, forever ocean views from floor to ceiling seamless windows. This residence offers every amenity for beach side living. Three master bedrooms with en-suite. Gourmet kitchen with top of the line stainless steel appliances. State of the art sound systems and flat screen TVs. Garaged parking for 2 cars. Located in the village with walking distance to dining and galleries. Read More
 

Contact Us