Homebuying dips 2% in Huntington Beach, Fountain Valley, Garden Grove, Westminster

Homebuying in what we’ll call the “Beach Blvd. Corridor” — in and around Huntington Beach, Fountain Valley, Garden Grove and Westminster — fell 2 percent in May vs. a year earlier

May is traditionally a strong sales months for Orange County, as the prime spring selling season hits full stride. We decided to see how neighborhood housing markets fared.

ICYMI: O.C. housing’s rebound from the crash

CoreLogic found these 19 trends in 13 ZIP codes covered by the Orange County Register’s The Wave weekly, …

1. Purchases: Home sales in this period totaled 440 vs. 448 a year ago, a decline of 2 percent.

2. Who’s up: Prices increased in 9 of the 13 ZIPs as sales rose in 5 ZIPs.

3. Countywide: $738,500 median selling price, up 6.3 percent. Orange County sales totaled 3,519 residences, existing and new, vs. 3,666 a year ago, a decline of 4 percent. Prices rose in 57 out of 83 Orange County ZIPs and sales were up in 33 out of 83 ZIPs.

Here is how prices and sales moved at the community level …

4. Fountain Valley 92708: $776,250 median, up 10.9 percent. Price rank? 35th of 83. Sales of 40 vs. 41 a year ago, a decline of 2.4 percent.

5. Garden Grove 92840: $557,500 median, up 4.2 percent. Price rank? No. 69 of 83. Sales of 34 vs. 31 a year ago, a gain of 9.7 percent.

6. Garden Grove 92841: $620,000 median, up 10.7 percent. Price rank? No. 63 of 83. Sales of 20, flat in the period.

7. Garden Grove 92843: $542,500 median, up 30.1 percent. Price rank? No. 71 of 83. Sales of 21 vs. 19 a year ago, a gain of 10.5 percent.

8. Garden Grove 92844: $578,000 median, up 21.7 percent. Price rank? No. 67 of 83. Sales of 20 vs. 15 a year ago, a gain of 33.3 percent.

9. Garden Grove 92845: $648,500 median, up 0.9 percent. Price rank? No. 57 of 83. Sales of 14 vs. 16 a year ago, a decline of 12.5 percent.

10. Huntington Beach 92646: $750,000 median, up 24.0 percent. Price rank? No. 38 of 83. Sales of 91 vs. 77 a year ago, a gain of 18.2 percent.

11. Huntington Beach 92647: $750,000 median, up 15.2 percent. Price rank? No. 38 of 83. Sales of 25 vs. 43 a year ago, a decline of 41.9 percent.

12. Huntington Beach 92648: $952,500 median, down 20.6 percent. Price rank? No. 15 of 83. Sales of 59 vs. 55 a year ago, a gain of 7.3 percent.

13. Huntington Beach 92649: $742,500 median, down 13.1 percent. Price rank? No. 40 of 83. Sales of 43 vs. 50 a year ago, a decline of 14 percent.

14. Midway City 92655: $410,000 median, down 29.9 percent. Price rank? No. 79 of 83. Sales of 2 vs. 6 a year ago, a decline of 66.7 percent.

15. Stanton 90680: $408,750 median, down 0.3 percent. Price rank? No. 80 of 83. Sales of 19, flat in the period.

16. Westminster 92683: $627,500 median, up 2 percent. Price rank? No. 62 of 83. Sales of 52 vs. 56 a year ago, a decline of 7.1 percent.

Plus, three more countywide trends found in May vs. a year earlier …

17. Single-family-home resales: 2,169 Orange County sales vs. 2,335 a year ago, a decline of 7.1 percent in the period. Median: $800,000 — a rise of 5.7 percent in the period.

18. Condo resales: 933 sales vs. 965 a year ago, a decline of 3.3 percent in 12 months. Median: $502,000 — a rise of 1.9 percent in a year.

19. New homes: Builders sold 417 residences vs. 365 a year ago, a gain of 14.2 percent in a year. Median: $978,750 — a rise of 17.2 percent in a year.

Have you checked out Bubble Watch …

Bubble Watch: Are house hunters shying from newly built homes?

Bubble Watch: Is California’s anti-business vibe killing the state’s economy?

Bubble Watch: Home-equity loans back at pre-recession levels