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Corona del Mar Home Values 6/24/2018

By
Real Estate Agent with Elite Home Sales Team OC BRE# 02066030

Corona del Mar Home Values 6/24/2018

 

This weeks report on home values for Corona del Mar and surrounding areas homes is prepared by a Corona del Mar Realtor Joe Steck. The report shows the Orange County Median Prices for resale homes were up 5.7 percent, new homes are up 17.2 percent and resale condos are up 1.9 percent. The sales volume is down for resale homes 7.1 percent, down 3.3 percent on condos and up 14.2 percent for new homes.

 

Corona del Mar Zip Code 92625 sales prices are up 23.2 persent and the sales volume is down 10.8 percent.

Mission Viejo Zip Code 92691 sales prices are up 5.0 percent and the sales volume is down 28.6 percent.

Mission Viejo Zip Code 92692 sales prices are up 17.0  percent and the sales volume is down 9.3 percent.

Aliso Viejo Zip Code 92656 sales prices are down 10.4 and the sales volume is down 33.7  percent.

Laguna Niguel Zip Code 92677 sales prices are up 1.6 percent and the sales volume is down 19.5 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are up 6.6 percent and the sales volume down 17.9 percent.

San Clemente Zip Code 92672 sales prices are down 14.0 percent and the sales volume is down 25.4 percent.

San Clemente Zip Code 92673 sales prices are up 5.1 percent and the sales volume is up 21.8 percent.

 

I think we are in a very difficult market to know exactly what is happen other than we are changing.  Hang on we are in for a ride.  We are still seeing the slown down in the South Orange County market.  We are seeing how this chang shakes out.  Look at the huge down turn in San Clemente and see something

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

We are changing but how long a run to the up side can we have.

Jun 24, 2018 09:10 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

So true Tim.  So true.  Have a great week.

Jun 24, 2018 09:10 AM
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

Interesting update for the Corona del Mar California Real Estate market.  Buyers and Sellers need the latest information available to make educated decisions when it comes to buying and selling real estate especially in the Orange County area.

Jun 27, 2018 07:27 AM