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San Clemente Market Report 12/15/2013 By Mark Paulson

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Real Estate Agent with Elite Home Sales Team OC BRE# 02066030

San Clemente Market Report 12/15/2013 By Mark Paulson

 

This weeks Market Report for San Clemente and surrounding areas from a San Clemente Realtor Mark Paulson shows that Orange County Median Prices for the resale homes were up 17.1 percent, for new homes up 13.7 percent and for resale condos up 24.6 percent. The sales volume is down for resale homes 9.9 percent and down 12.0 percent on condos and up 84.5 percent for new homes.

  • Mission Viejo Zip Code 92691 sales prices are up 31.8 percent and the sales volume is down 26.0 percent.
  • Mission Viejo Zip Code 92692 sales prices are up 44.6 percent and the sales volume is down 13.6 percent.
  • Aliso Viejo sales prices are up 32.9 percent and the sales volume is down 15.6 percent.
  • Laguna Niguel sales prices are up 1.9 percent and the sales volume is down 26.6 percent.
  • Rancho Santa Margarita sales prices are up 35.7 percent and the sales volume up 12.7 percent.
  • San Clemente Zip Code 92672 sales prices are up 17.7 percent and the sales volume is down 28.8 percent.
  • San Clemente Zip Code 92673 sales prices are up 7.5 percent and the sales volume is down 6.1 percent.

The overall up turn in the sales price this week accept for San Clemente.  There was improvement across the board in South Orange County.  A big increase is in the sales volume in new homes was huge at 84.5 percent for the county.  Note the inventory of homes in resale market is low that could account for the increase in new home sales.  If the buyers are out there looking they need something to buy and the new home sellers are providing the product. 

 

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Hi Mark

You are correct the Mission Viejo market really turned around.  Have a great week.

Dec 15, 2013 04:11 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

I follow stats in your region...what happens where you live is often mirrored in my secondary home region within about 6 months.  

Dec 15, 2013 04:25 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Hi Mark, thanks for the good news about the Mission Viejo market - so good to see. Here's to continued stabilization in 2014.

Dec 15, 2013 11:12 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you Tim.

May your 2014 be fabulous.

Dec 16, 2013 01:05 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Li it is a very interesting time, all is good here.

Dec 16, 2013 01:06 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Hello Debb

May your 2014 be successful and profitable.

Dec 16, 2013 01:08 AM
Chris Freck
EstaR Mortgage - Alameda, CA
EstaR Mortgage, A Bilingual Brokerage

Wow very informative posts. Worth following and thanks for sharing this information.

Dec 20, 2013 10:40 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

You are welcome Chris

Dec 31, 2013 02:28 AM