The California Association of Realtors reported recently that May saw the greatest year over year home appreciation in over thirty years. The average home price in California rose almost 32% to an average of just over $417,000. That rise reflects increasing home prices for each month in the last five quarters. In Orange County last month over 3600 homes changed hands which was an increase of over 11 percent from the same month last year. Home sales volume has risen for sixteen straight months according to industry analyst Data Quick.