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February 2025 Community Newsletter

Times Real Estate CA February 1, 2025

Times Real Estate California: Orange County Community Newsletter – February 2025

Welcome to the February 2025 edition of the Times Real Estate California Community Newsletter. This month, we bring you the latest updates on the Orange County real estate market, highlight upcoming community events, and showcase some of the area's top restaurants and activities.

🏡 Real Estate Market Update

As of February 2025, the Orange County housing market continues to exhibit steady growth. The median sale price of homes has reached $1.1 million, reflecting a 5.5% increase compared to the same period last year. Additionally, the median sale price per square foot has risen to $666, marking a 7.1% uptick from the previous year.

This upward trend is attributed to sustained buyer demand coupled with limited housing inventory. The market's resilience is evident as prices remain stable, and appreciation, while moderated, continues to be positive.

🎡Upcoming Community Events

Orange County offers a vibrant array of events this February. Here are some highlights:

  • Pacific Symphony: Lantern Festival

    • Date & Time: Saturday, February 22, 2025, from 11:00 AM to 4:00 PM
    • Location: Renée and Henry Segerstrom Concert Hall, Costa Mesa
    • Details: Celebrate the Year of the Dragon at this free family event, featuring music, dance, and cultural exhibits. Admission is free, but tickets are required.
  • UVSA Tết Festival

    • Date: January 31 – February 2, 2025
    • Location: Garden Grove Park, Garden Grove
    • Details: One of the largest Tết celebrations outside of Vietnam, featuring traditional music, dance, authentic cuisine, and cultural exhibits.
  • Surf City USA Marathon

    • Date: February 1 – 2, 2025
    • Location: Huntington Beach
    • Details: An award-winning, Boston-qualifying marathon known for its flat route and seaside views.

🍽Top Restaurants and Activities

Explore some of Orange County's finest dining and recreational offerings:

  • Dining:

    • The Ranch Restaurant & Saloon (Anaheim): Renowned for its farm-to-table cuisine and lively country music scene.
    • Gabbi's Mexican Kitchen (Orange): Offers authentic Mexican dishes in a historic setting.
    • Hana Re (Costa Mesa): An intimate sushi bar providing an exceptional omakase experience.
  • Activities:

    • Crystal Cove State Park: Enjoy hiking trails, pristine beaches, and tide pools.
    • Balboa Island Ferry: A scenic and historic ferry ride offering picturesque views of Newport Harbor.
    • Bowers Museum: Explore world-class exhibits showcasing art and culture from around the globe.

We hope this newsletter enriches your February with valuable insights and exciting activities. For any real estate inquiries or further information, please don't hesitate to contact us.

Warm regards,

The Times Real Estate California Team

 

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