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Corona del Mar Home Values 9/16/2018

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

Corona del Mar Home Values 9/16/2018

 

This weeks report on home values for Corona del Mar and surrounding areas homes is prepared by a Corona del Mar Realtor Tim Lorenz. The report shows the Orange County Median Prices for resale homes were 6.0 percent, new homes are up 15.4 percent and resale condos are up 7.1 percent. The sales volume is down for resale homes 5.5 percent, down 14.7 percent on condos and down 4.0 percent for new homes.

 

Corona del Mar Zip Code 92625 sales prices are down 0.7 persent and the sales volume is down 26.9 percent.

Mission Viejo Zip Code 92691 sales prices are up 6.0 percent and the sales volume is down 10.8 percent.

Mission Viejo Zip Code 92692 sales prices are up 7.5 percent and the sales volume is down 9.6 percent.

Aliso Viejo Zip Code 92656 sales prices are up 18.0 and the sales volume is down 14.3 percent.

Laguna Niguel Zip Code 92677 sales prices up 10.4 percent and the sales volume is down 25.7 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are up 20.6 percent and the sales volume down 24.1 percent.

San Clemente Zip Code 92672 sales prices are up 21.6 percent and the sales volume is down 7.4 percent.

San Clemente Zip Code 92673 sales prices are down 5.5 percent and the sales volume is up 50.0 percent.

 

We cannot deny that the market has shifted down from where it has been.  However, it is a mild down turn not a huge drop in values.  More of a price adjustment.

Comments (4)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

That is valuable real estate market data for home buyers and sellers in Corona Del Mar.

Sep 16, 2018 11:20 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you Myrl

Sep 16, 2018 05:03 PM
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

Thanks for updating us on what’s happening to current home values in your real estate market. 

Sep 17, 2018 02:47 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you Joyce.

Sep 23, 2018 09:02 AM