Here is some food for thought:
The California Association of Realtors (CAR) announced that the difference in the number of existing single-family homes in Orange County that sold in April 2008 vs April 2007 was an increase of 14.8%. However, DataQuick reported that this number was actually a decrease of 15.9%. CAR uses the numbers in the multiple listings; DataQuick’s uses the number of closed sales as recorded by the County of Orange.
For information on the Irvine housing numbers, see the following upcoming posts: The Irvine Market Report: Detached Home Stats, May 2008″ and “Reality Check: Irvine Condo+Detached Home Stats, May 2008.”
Source: Orange County Register