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San Clemente Realtor Mark Paulson Area Market Report 9/25/2011

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Real Estate Agent with Elite Home Sales Team OC BRE# 02066030

San Clemente Realtor Mark Paulson Area Market Report 9/25/2011

This weeks market report for San Clemente and surrounding areas from San Clemente Realtor shows that Orange County Median Prices for the resale homes were down 11.3 percent, for new homes it is down 12.2 percent and for resale condos down 10.2 percent. The sales volume is up for resale homes 8.6 percent and up 4.5 percent on condos and down 2.0 percent for new homes.

  • Mission Viejo Zip Code 92691 sales prices are down 5.3 percent and the sales volume is down 11.9 percent.
  • Mission Viejo Zip Code 92692 sales prices are down 5.5 percent and the sales volume is up 8.0 percent.
  • Aliso Viejo sales prices are down 17.8 percent and the sales volume is up 22.2 percent.
  • Laguna Niguel sales prices are down 21.3 percent and the sales volume is up 16.9 percent.
  • Rancho Santa Margarita sales prices are down 7.6 percent and the sales volume is down 2.4 percent.
  • San Clemente Zip Code 92672 sales prices are up 9.4 percent and the sales volume is up 12.9 percent.
  • San Clemente Zip Code 92673 sales prices are up 3.3 percent and the sales volume is down 6.1 percent.

There is not much good news the biggest change in week was in Midway City.  I usually do not report on the area but looking at the satatistics thy a 266.7% increae in sales volume.  On good note resale homes went up about the same as the new homes dropped a little.  In Mission Viejo we saw the zip code 92692 sales volume increase 24 percent when compared to 2010.  The reason for the large percentage changes is do to the small number of sales. What gains we thought we had were removed this week.

C. Lloyd McKenzie
Living Albuquerque - Albuquerque, NM
Living Albuquerque

Good Evening Mark

Very good localism post.  Potential buyers should be geting off the fence on short notice.  This is Supply and Demand in Action

Sep 28, 2011 04:26 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

C Lloys

I agree to the extent that supply and demand always play a part.

Sep 28, 2011 06:18 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

The format is wonderful and there are enough cities to get a real understanding of what is going on.

Sep 28, 2011 06:52 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Hi Mark -

A great Localism if you're in that contest.  Also good information and easy to understand.  Maybe with the new VA rates even more buyers will be getting off the fence and into their dream homes.

Best regards to you from The Q

Sep 30, 2011 03:00 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thanks Tim.

Sep 30, 2011 04:33 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

John

Consumer confidence is the driving force in Real Estate Purchasing not interest rates.

Sep 30, 2011 04:36 AM
Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

Mark,

All I can say is that it's going to get better!  Stay tuned...

Mike in Tucson

 

Oct 01, 2011 04:24 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Mike

Thanks for the encouragement.

Oct 02, 2011 02:59 AM