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Mission Viejo Market Report, Tim Lorenz a Mission Viejo Realtor 7/1/2012

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

 

Mission Viejo  

 

Mission Viejo Market Report By Tim Lorenz a Mission Viejo Realtor 7/1/2012

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 up 1.6 percent, for new homes it is up 5.5 percent and for resale condos up 4.7 percent. The sales volume is up for resale homes 13.5 percent and up 18.0 percent on condos and down 20.5 percent for new homes.

  • Mission Viejo Zip Code 92691 sales prices are up 1.7 percent and the sales volume is up 17.5 percent.
  • Mission Viejo Zip Code 92692 sales prices are up 2.2 percent and the sales volume is up 30.4 percent.
  • Aliso Viejo sales prices are up 5.5 percent and the sales volume is up 52.5 percent.
  • Laguna Niguel sales prices are down 2.9 percent and the sales volume is up 10.7 percent.
  • Rancho Santa Margarita sales prices are down 4.2 percent and the sales volume is up 3.8 percent.
  • San Clemente Zip Code 92672 sales prices are up 4.9 percent and the sales volume is up 37.5 percent.
  • San Clemente Zip Code 92673 sales prices are up 4.8 percent and the sales volume is up 10.7 percent.

02691 Mission Viejo dropped 40% in sales volume, while 92692 went up 10%. The median price are showing signs of an up swing across the county. The increases are small am fragile.

Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Looks as though there may be some correction in the market.

Jul 01, 2012 01:22 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Yes we do have some correction in the market.

Jul 01, 2012 01:28 AM
John Pusa
Glendale, CA

Tim - It appears that the real estate market Mission Viejo is mixed. Thanks for sharing detailed information on Mission Viejo market report 7/1/2012.

Jul 01, 2012 02:35 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

It is that time again for the market reports and hopefully the client will have apreciation  for the details.

Jul 01, 2012 07:57 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

John

You got it is a mixed bag.

Jul 01, 2012 10:23 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Yes reality is that things are difficult to project.

Jul 01, 2012 10:25 AM