Mission Viejo Realtor Tim Lorenz, Area Market Report 5/6/2012
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 2.2 percent, for new homes it is up 13.8 percent and for resale condos down 8.8 percent. The sales volume is up for resale homes 16.1 percent and up 11.9 percent on condos and down 3.4 percent for new homes.
- Mission Viejo Zip Code 92691 sales prices are down 21.8 percent and the sales volume is up 28.9 percent.
- Mission Viejo Zip Code 92692 sales prices are down 4.3 percent and the sales volume is up 29.4 percent.
- Aliso Viejo sales prices are down 8.5 percent and the sales volume is up 9.3 percent.
- Laguna Niguel sales prices are down 8.5 percent and the sales volume is up 26.4 percent.
- Rancho Santa Margarita sales prices are up 3.1 percent and the sales volume is up 10.1 percent.
- San Clemente Zip Code 92672 sales prices are up 1.7 percent and the sales volume is down 8.5 percent.
- San Clemente Zip Code 92673 sales prices are up 11.8 percent and the sales volume is up 83.3 percent.
The numbers are still going in the right direction and it is fun to watch we see signs of recovering. The down swing in the Median Sales Price continues to go down. But look at San Clemente it is turning around quickly now.
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