Mission Viejo Realtor Tim Lorenz, Area Market Report 5/13/2012
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 3.4 percent, for new homes it is up 17.6 percent and for resale condos down 7.7 percent. The sales volume is up for resale homes 20.5 percent and up 24.5 percent on condos and down 15.8 percent for new homes.
- Mission Viejo Zip Code 92691 sales prices are down 23.1 percent and the sales volume is up 18.4 percent.
- Mission Viejo Zip Code 92692 sales prices are up 8.9 percent and the sales volume is up 44.4 percent.
- Aliso Viejo sales prices are down 10.0 percent and the sales volume is up 22.7 percent.
- Laguna Niguel sales prices are down 15.2 percent and the sales volume is up 18.8 percent.
- Rancho Santa Margarita sales prices are down 2.9 percent and the sales volume is up 29.5 percent.
- San Clemente Zip Code 92672 sales prices are up 9.9 percent and the sales volume is down 11.9 percent.
- San Clemente Zip Code 92673 sales prices are down 1.8 percent and the sales volume is up 89.7 percent.
The numbers difficult to understand look ant the two zip codes in Mission Viejo and San Clemente. Sales up adn prices up in one not the other. I still believe the turn is here The down swing in the Median Sales Price continues. But look at San Clemente 92673 sales up close to 90 percent.
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