9/14/2014 Mission Viejo Home Values By Tim Lorenz

9/14/2014 Mission Viejo Home Values By Tim Lorenz

This week’s report on home values for Mission Viejo and surrounding areas homes is prepared by a Mission Viejo Realtor Tim Lorenz.  The report shows the Orange County Median Prices for resale homes were up 3.8 percent, for new homes up 17.5 percent and for resale condos up 15.1 percent. The sales volume is down for resale homes 14.2 percent and down 15.8 percent on condos and up 0.7 percent for new homes.     

• Mission Viejo Zip Code 92691 sales prices are up 0.2 percent and the sales volume is down 25.0 percent.
• Mission Viejo Zip Code 92692 sales prices are down 1.2 percent and the sales volume is down 10.5 percent.
• Aliso Viejo sales prices are up 3.6 percent and the sales volume is down 2.1 percent.
• Laguna Niguel sales prices are up 1.3 percent and the sales volume is down 1.0 percent.
• Rancho Santa Margarita sales prices are up 19.1 percent and the sales volume down 17.2 percent.
• San Clemente Zip Code 92672 sales prices are up 16.5 percent and the sales volume is down 15.9 percent.
• San Clemente Zip Code 92673 sales prices are up 2.8 percent and the sales volume is up 3.9 percent. 

Look at the changes again this week.  The statistics are more positive and the volume of sales became slightly up.  I do know that we are seeing some small positive changes in upward trends.