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Mision Viejo Realtor Area Market Report - 1/23/2011

By
Real Estate Agent with TIM LORENZ - Elite Home Sales Team DRE# 00919781

Mision Viejo Realtor Area Market Report - 1/23/2011

This weeks market report for Mission Viejo and surrounding areas from Mission Viejo Realtor shows that Orange County Median Prices for the resale homes were down 6.0 percent, for new homes it is down 23.2 percent and for resale condos down 5.7 percent.  The sales volume is down for resale homes 6.7 percent and down 15.2 percent on condos and up 64.9 percent for new homes. 

  • Mission Viejo  Zip Code 92691  sales prices are down 23.2 percent and the sales volume is down 41.0 percent.
  • Mission Viejo  Zip Code 92692  sales prices are up 8.0 percent and the sales volume is down 18.5 percent.
  • Aliso Viejo  sales prices are down 8.2 percent and the sales volume is down 1.4 percent.
  • Laguna Niguel  sales prices are up 7.3 percent and the sales volume is down 17.4 percent.
  • Rancho Santa Margarita  sales prices are down 4.4 percent and the sales volume is down 15.1 percent.
  • San Clemente  Zip Code 92672  sales prices are down 13.9 percent and the sales volume is down 2.9 percent.
  • San Clemente  Zip Code 92673  sales prices are down 7.6 percent and the sales volume is down 38.2 percent
Daniel J. Brudnok, REALTOR
Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Tim,

Great job on spreading the word and knowing your market so well......continued success in 2011.

Jan 25, 2011 12:34 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Dan

Thank you for the kind words.

Jan 25, 2011 01:46 AM
Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

It appears that you are working in a very mixed markiet, and you're the local go-to guy for Mission Viejo for sure!

Jan 25, 2011 04:56 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Yes it is a mixed market and thank you.  I am a go to guy.

Jan 25, 2011 05:07 PM
Jenny Kotulak
RE/MAX Real Estate Centre Inc., Brokerage - Oakville, ON
Broker - Oakville Ontario Real Estate

Hi Tim, it's interesting to see how your market does stats using your zip code - or postal code as we call it here in Canada.  We don't associate the post office with being very zippy lol.

I'm sure you are going to see more positive numbers this year.

Jan 26, 2011 04:18 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Jenny

I understand the lack of Zip in the Post Office.

Jan 26, 2011 05:44 PM
Bob & Leilani Souza
Souza Realty 916.408.5500 - Roseville, CA
Greater Sacramento Area Homes, Land & Investments

Tim, market reports may not be the most "fun" thing to write about, but they are an important part of being in the real estate business. Keep up the consistent good work! :)

Leilani

Jan 28, 2011 07:03 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Leilani

Thank you for the support.

Jan 29, 2011 01:42 AM