Area Market Report By Tim Lorenz a Mission Viejo Realtor 6/24/2012

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

Area Market Report By Tim Lorenz a Mission Viejo Realtor 6/24/2012

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 1.2 percent, for new homes it is up 5.8 percent and for resale condos up 3.7 percent. The sales volume is up for resale homes 18.2 percent and up 23.8 percent on condos and down 16.5 percent for new homes.

  • Mission Viejo Zip Code 92691 sales prices are up 7.0 percent and the sales volume is up 57.5 percent.
  • Mission Viejo Zip Code 92692 sales prices are up 4.2 percent and the sales volume is up 20.7 percent.
  • Aliso Viejo sales prices are up 7.9 percent and the sales volume is up 46.3 percent.
  • Laguna Niguel sales prices are down 5.5 percent and the sales volume is up 5.5 percent.
  • Rancho Santa Margarita sales prices are down 7.9 percent and the sales volume is up 8.0 percent.
  • San Clemente Zip Code 92672 sales prices are up 7.4 percent and the sales volume is up 71.0 percent.
  • San Clemente Zip Code 92673 sales prices are up 6.9 percent and the sales volume is up 5.0 percent.

There was a big drop in the new home sales this week.  The median price is still going down and the slaes volume is still going up. Mission Viejo, Aliso Viejo and San Clemente sales volume are soaring.

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Rainmaker
854,495
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Look at the increases in San Clemente and in Mission Viejo.  Great stuff I just want it to keep going we are on a roll.

Jun 24, 2012 02:47 AM #1
Rainmaker
2,102,492
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Tim,

I'm also thinking about California and how their market is doing. You've put together another informative and great report. California is such a dreamy place to live. I'd refer people to you in a heartbeat!

Jun 24, 2012 04:12 AM #2
Rainmaker
1,022,759
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Mark

You know the market has changed and it is looking better all the time.

Jun 24, 2012 04:27 AM #3
Rainmaker
1,022,759
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Patricia I agree it is a great place to live.

Jun 24, 2012 04:27 AM #4
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Rainmaker
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Tim Lorenz

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