Mision Viejo Realtor Tim Lorenz, Area Market Report 2/12/2012

Mision Viejo Realtor Tim Lorenz, Area Market Report 2/12/2012

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 16.4 percent and for resale condos down 5.8 percent. The sales volume is down for resale homes 5.7 percent and down 5.7 percent on condos and down 28.1 percent for new homes.

• Mission Viejo Zip Code 92691 sales prices are down 4.7 percent and the sales volume is up 62.1 percent.
• Mission Viejo Zip Code 92692 sales prices are down 7.2 percent and the sales volume is down 25.8 percent.
• Aliso Viejo sales prices are down 18.7 percent and the sales volume is down 19.7 percent.
• Laguna Niguel sales prices are down 0.9 percent and the sales volume is down 3.1 percent.
• Rancho Santa Margarita sales prices are down 14.3 percent and the sales volume is down 5.6 percent.
• San Clemente Zip Code 92672 sales prices are down 19.5 percent and the sales volume is down 25.0 percent.
• San Clemente Zip Code 92673 sales prices are up 9.1 percent and the sales volume is down 22.5 percent.

The last 3 weeks has been a roller coster ride.