Mission Viejo Realtor Tim Lorenz, Area Market Report 3/4/2012

By
Real Estate Agent with TIM LORENZ of Keller Williams Realty BRE# 00919781
http://actvra.in/x2L

Mission Viejo Realtor Tim Lorenz, Area Market Report 3/4/2012

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 2.4 percent and for resale condos down 16.0 percent. The sales volume is up for resale homes 2.0 percent and down 0.9 percent on condos and up 5.9 percent for new homes.

  • Mission Viejo Zip Code 92691 sales prices are down 11.8 percent and the sales volume is up 25.0 percent.
  • Mission Viejo Zip Code 92692 sales prices are down 14.5 percent and the sales volume is down 30.0 percent.
  • Aliso Viejo sales prices are up 8.3 percent and the sales volume is down 11.5 percent.
  • Laguna Niguel sales prices are up 0.9 percent and the sales volume is up 6.6 percent.
  • Rancho Santa Margarita sales prices are down 26.0 percent and the sales volume is down 11.3 percent.
  • San Clemente Zip Code 92672 sales prices are down 28.4 percent and the sales volume is up 25.0 percent.
  • San Clemente Zip Code 92673 sales prices are down 5.3 percent and the sales volume is down 21.6 percent.

If you are looking for good news then we need to look no further than San Clemente 92672 with the volume up 25 percent.  If we also look to Mission Viejo it too is up 25 percent in sales volume.

Posted by

Tim Lorenz

Instant MLS Listings & Free Market Analysis

"We have actually closed many short sales!"

www.markandtim.com

949-874-2247

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Topic:
Real Estate Market Trends
Location:
California Orange County Mission Viejo
Groups:
Market Reports
Keller Williams 'Rainers
Realtors®
Posts to Localism
Orange County Real Estate
Tags:
mission viejo market report

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Rainer
115,185
Nathan Rufty Direct Home Loan Lender at 909-503-5600
Licensed Mortgage Professional / Direct Home Loans
Mountain West Financial, Inc

prices down sales and buying should increase, Tim we have a great market in California and plateful buyers out there and if you need any assistance with them please visit www.nathanrufty.com

 

March 04, 2012 08:52 AM
Rainmaker
793,864
Tim Lorenz
949 874-2247
TIM LORENZ of Keller Williams Realty

Ok then Nathan.  If I need help I will let you know.

March 04, 2012 08:06 PM
Rainmaker
639,379
Elite Home Sales Team
Tenacious and skilled real estate team
Keller Williams Realty

I still find it amazing that the percentages move so drastically from week to week.

March 05, 2012 06:55 PM
Rainmaker
793,864
Tim Lorenz
949 874-2247
TIM LORENZ of Keller Williams Realty

It has been an up and down market.

March 05, 2012 10:52 PM
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Rainmaker
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Tim Lorenz

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Additional Information

A real estate professional and investor for over 43 yrs look at the market, the laws, the trends and the condition of the market. A runing commentary of one persons professional's opinion.