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Tim Lorenz a Mission Viejo Realtor Market Report 10/28/2012

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

Tim Lorenz a Mission Viejo Realtor Market Report 10/28/2012

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 6.3 percent, for new homes it is up 14.6 percent and for resale condos up 17.3 percent. The sales volume is up for resale homes 20.2 percent and up 17.0 percent on condos and up 21.1 percent for new homes.

  • Mission Viejo Zip Code 92691 sales prices are up 11.0 percent and the sales volume is up 24.5 percent.
  • Mission Viejo Zip Code 92692 sales prices are down 7.8 percent and the sales volume is up 22.4 percent.
  • Aliso Viejo sales prices are down 7.2 percent and the sales volume is up 0.0 percent.
  • Laguna Niguel sales prices are up 29.4 percent and the sales volume is up 43.5 percent.
  • Rancho Santa Margarita sales prices are down 7.9 percent and the sales volume is up 23.2 percent.
  • San Clemente Zip Code 92672 sales prices are up 39.2 percent and the sales volume is up 40.7 percent.
  • San Clemente Zip Code 92673 sales prices are down 3.8 percent and the sales volume is up 15.9 percent.

Sales price is going up in all cities listed here and prices are very strong.  It is a sellers market.

Comments (4)

Yolanda Cordova-Gilbert
Richmond, TX

Tim,

 Great market report and it is intersting to note that we too have a Sellers market and people do not understand why were are not discounting!

Oct 29, 2012 07:04 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Yolanda

Thank you for the comments.

Oct 29, 2012 09:05 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Look at those figures Tim.  For months now we have had all good news.

Oct 30, 2012 12:52 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

We are fortunate to live and work in South Orange County

Oct 30, 2012 06:37 AM