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1/24/2016 Home Values In Mission Viejo By Tim Lorenz

By
Real Estate Agent with TIM LORENZ - Elite Home Sales Team DRE# 00919781

1/24/2016 Home Values In Mission Viejo 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 4.1 percent, for new homes up 5.9 percent and for resale condos up 5.5 percent. The sales volume is up for resale homes 10.1 percent and up 11.9 percent on condos and down 15.3 percent for new homes.     

 

  • Mission Viejo  Zip Code 92691 sales prices are up 5.3 percent and the sales volume is up 20.3 percent.
  • Mission Viejo Zip Code 92692 sales prices are up 6.1 percent and the sales volume is up 16.8 percent.
  • Aliso Viejo sales prices are up 3.1 percent and the sales volume is up 7.4 percent.
  • Laguna Niguel sales prices are up 3.4 percent and the sales volume is up 11.4 percent.
  • Rancho Santa Margarita sales prices are up 3.0 percent and the sales volume up 5.6 percent.
  • San Clemente  Zip Code 92672 sales prices are up 2.2 percent and the sales volume is up 10.6 percent.
  • San Clemente Zip Code 92673 sales prices are up 5.6 percent and the sales volume is up 14.6 percent. 

 

The troubles in the stock market has helped the treasuries and has caused the interest rates of home loans to drop.  Paired with the high demand and little inventory will cause an increase in home values.  It is very hard to know what this market will do over the year.  However, we are set up for a good one in home values and number of sales. 

Comments (4)

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Tim, thanks for the update for the Mission Viejo Community .

Jan 24, 2016 01:53 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

We truley are set for a great year.  Thanks for the up date Tim.

Jan 24, 2016 01:55 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thanks Ron for your comments.

Jan 24, 2016 01:56 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Yes we are Michael.

Jan 24, 2016 01:58 AM