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Mission Viejo Home Values 3/23/2014 By Tim Lorenz

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

Mission Viejo Home Values 3/23/2014 By Tim Lorenz  

This weeks Market Report for Mission Viejo and surrounding areas home values from a Mission Viejo Realtor Tim Lorenz shows that Orange County Median Prices for the resale homes were up 16.8 percent, for new homes up 15.3 percent and for resale condos up 17.9 percent. The sales volume is down for resale homes 17.7 percent and down 16.1 percent on condos and up 31.2 percent for new homes.

  • Mission Viejo Zip Code 92691 sales prices are up 18.5 percent and the sales volume is down 27.9 percent.
  • Mission Viejo Zip Code 92692 sales prices are up 7.5 percent and the sales volume is down 17.1 percent.
  • Aliso Viejo sales prices are up 0.7 percent and the sales volume is down 31.5 percent.Laguna Niguel sales prices are up 13.6 percent and the sales volume is down 22.6 percent.
  • Rancho Santa Margarita sales prices are up 28.5 percent and the sales volume down 1.3 percent.
  • San Clemente Zip Code 92672 sales prices are up 15.7 percent and the sales volume is up 22.9 percent.
  • San Clemente Zip Code 92673 sales prices are up 0.7 percent and the sales volume is up 2.6 percent.

If we look at this week and it is apparent that the market has changed.  However, if we look at the individual cities I show there are some big changes all showing an ever slowing market. 

Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

We can see and feel the slow down.  Time to double our efforts. 

Mar 23, 2014 02:22 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Yes it is slower and slower.

Mar 23, 2014 02:41 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

One would think with you location and Spring now upon us you would have a hot market.  Hang in there it will pick up.... It always does.

 

Mar 24, 2014 02:39 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thanks John I am hanging in.

Mar 24, 2014 05:18 AM
Raymond Denton
Homesmart / Evergreen Realty - Irvine, CA
Irvine Realtor®

Looks like San Clemente is a good place to focus on ... it hasn't been showing weakness.

Mar 24, 2014 01:24 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Summer is around the corner.  We will have to see where this goes.

Mar 24, 2014 01:44 PM