From the latimes.com:
Orange County is the third-most-expensive housing market in the country, with two other chunks of the Southland ranking in the top 10.
That’s according to a new report out Tuesday from the National Assn. of Realtors, which measured the median price of homes sold in the second quarter. Orange County’s median — the point at which half of homes sold for more and half for less — hit $691,900 in the quarter, trailing only the San Jose and San Francisco metro areas.
The San Diego area ranked fifth at $504,200 and metro Los Angeles — Los Angeles County — ranked ninth at $420,300. Even the relatively inexpensive Inland Empire sat 21st — pricier than Miami; Austin, Texas; or Chicago — with a median of $274,600.