Market Report for Mission Viejo area

What is the report for the last 4 weeks? Let's look at the numbers. For the whole of Orange County resale home prices are down 3.1 percent, New home prices are down 2.9 percent and resale condos are fairly level at 0.3 percent down. The number of sales or sales volume for resale home sales are down 1.1 percent resale condos sales are up 0.6 percent and new homes are also down 0.6 percent.

• Mission Viejo zip code 92691 prices are up 3.0 percent and the sales are down 24.6 percent.

• Mission Viejo zip code 92692 prices are down 24.8 percent and the sales are up 11.7 percent.

• Aliso Viejo prices are down 2.1 percent and the sales are up 3.2 percent.

• Laguna Niguel prices are up 0.9 percent and the sales are up 9.2 percent.

• Rancho Santa Margarita prices are down 10.8 percent and the sales are up 17 percent.

• San Clemente zip code 92672 prices down 9.1 percent and the sales are up 75 percent.

• San Clemente zip code 92673 prices are down 7.1 percent and the sales are even no change.

It is still difficult to make any long range predictions on this market.

Tim Lorenz

Instant MLS Listings & Free Market Analysis

"We have actually closed many short sales!"

http://www.markandtim.com/

949-282-2521

Tim Lorenz . Over 40 Years Experience Representing South Orange County Home Buyers, Sellers, Investors and Relocations!