Mission Viejo Realtor Tim Lorenz, Area Market Report 2/26/2012
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 5.9 percent, for new homes it is up 3.2 percent and for resale condos down 12.3 percent. The sales volume is down for resale homes 3.5 percent and up 1.1 percent on condos and down 1.0 percent for new homes.
- Mission Viejo Zip Code 92691 sales prices are down 15.4 percent and the sales volume is up 24.3 percent.
- Mission Viejo Zip Code 92692 sales prices are down 5.9 percent and the sales volume is down 28.1 percent.
- Aliso Viejo sales prices are up 7.4 percent and the sales volume is down 8.8 percent.
- Laguna Niguel sales prices are down 1.9 percent and the sales volume is up 6.7 percent.
- Rancho Santa Margarita sales prices are down 22.0 percent and the sales volume is down 9.4 percent.
- San Clemente Zip Code 92672 sales prices are down 32.4 percent and the sales volume is down 3.6 percent.
- San Clemente Zip Code 92673 sales prices are down 7.2 percent and the sales volume is down 24.2 percent.
The last 3 weeks has been a roller coster ride. It is interesting that affordability is at a record high and people are still having truoble pulling the trigger.
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