Mission Viejo Realtor Tim Lorenz, Area Market Report 4/22/2012

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

Mission Viejo Realtor Tim Lorenz, Area Market Report 4/22/2012

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 5.4 percent, for new homes it is up 14.4 percent and for resale condos down 10.3 percent. The sales volume is up for resale homes 12.9 percent and up 12.9 percent on condos and down 16.3 percent for new homes.

  • Mission Viejo Zip Code 92691 sales prices are down 6.7 percent and the sales volume is up 35.0 percent.
  • Mission Viejo Zip Code 92692 sales prices are down 8.2 percent and the sales volume is up 12.7 percent.
  • Aliso Viejo sales prices are down 17.5 percent and the sales volume is up 4.5 percent.
  • Laguna Niguel sales prices are down 2.9 percent and the sales volume is up 19.1 percent.
  • Rancho Santa Margarita sales prices are down 18.8 percent and the sales volume is up 4.2 percent.
  • San Clemente Zip Code 92672 sales prices are down 24.8 percent and the sales volume is down 4.9 percent.
  • San Clemente Zip Code 92673 sales prices are up 7.2 percent and the sales volume is up 19.1 percent.

The numbers are still going in the right direction and it is fun to watch we see signs of recovering.

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:
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Location:
California Orange County Mission Viejo
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Rainmaker
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Elite Home Sales Team
Tenacious and skilled real estate team
Keller Williams Realty

I see the positive in the numbers.  One glaring negative that is the elephant in the room.  Prices are still going doen.

April 22, 2012 10:49 AM
Rainmaker
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Tim Lorenz
949 874-2247
TIM LORENZ of Keller Williams Realty

Yes Mark they are really positive.

April 22, 2012 02:22 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.