Mision Viejo Realtor Tim Lorenz, Area Market Report 3/11/2012

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Real Estate Agent with TIM LORENZ - Elite Home Sales Team DRE# 00919781
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Mision Viejo Realtor Tim Lorenz, Area Market Report 3/11/2012

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 5.3 percent, for new homes it is up 6.0 percent and for resale condos down 16.9 percent. The sales volume is up for resale homes 10.6 percent and up 3.1 percent on condos and down 19.7 percent for new homes.

  • Mission Viejo Zip Code 92691 sales prices are down 12.6 percent and the sales volume is up 14.9 percent.
  • Mission Viejo Zip Code 92692 sales prices are down 12.4 percent and the sales volume is down 14.3 percent.
  • Aliso Viejo sales prices are down 1.4 percent and the sales volume is up 2.0 percent.
  • Laguna Niguel sales prices are down 0.1 percent and the sales volume is up 15.2 percent.
  • Rancho Santa Margarita sales prices are down 29.8 percent and the sales volume is down 18.5 percent.
  • San Clemente Zip Code 92672 sales prices are down 30.5 percent and the sales volume is up 33.0 percent.
  • San Clemente Zip Code 92673 sales prices are down 5.6 percent and the sales volume is down 12.8 percent.

The volume of property on the market is down and dropping hard. Again that is why we see such big swings in the statistics.

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Topic:
Real Estate Market Trends
Location:
California Orange County Mission Viejo
Groups:
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Agents who want REFERRALS!
Orange County Real Estate
Market Reports
Tags:
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Rainer
359,006
Raymond Denton
Homesmart / Evergreen Realty - Dana Point, CA
Capo Beach Realtor® - www.CapistranoBeachHomes.com

Good stuff, Tim, thank you.  How about Dana Point and Irvine?  Do you monitor those cities too?

Mar 11, 2012 01:26 AM #1
Ambassador
1,514,044
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Tim - A great market report on Mision Viejo.  Your presentation will not only catch the attention of your local home buyers and sellers but Google will love the SEO you have provided.

Mar 11, 2012 01:31 AM #2
Rainmaker
855,169
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

The swings are wild and it is difficult to understand the market unless you understand that there are few buyers and sellers interested in the CA market.

Mar 11, 2012 01:33 AM #3
Rainmaker
1,023,915
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Ramond

Yes, I monitor them but I do not report on them hear.

Mar 11, 2012 03:00 AM #4
Rainmaker
1,023,915
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you John you are always kind.

Mar 11, 2012 03:01 AM #5
Rainmaker
1,023,915
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Very true Mark.

Mar 11, 2012 03:02 AM #6
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