Mission Viejo Home Values By Tim Lorenz 3/30/2014

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

Mission Viejo Home Values By Tim Lorenz 3/30/2014

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 14.5 percent, for new homes up 18.6 percent and for resale condos up 16.4 percent. The sales volume is down for resale homes 15.6 percent and down 8.9 percent on condos and up 31.8 percent for new homes.

  • Mission Viejo Zip Code 92691 sales prices are up 16.4 percent and the sales volume is down 31.5 percent.
  • Mission Viejo Zip Code 92692 sales prices are up 8.9 percent and the sales volume is down 5.3 percent.
  • Aliso Viejo sales prices are up 7.8 percent and the sales volume is down 27.6 percent.
  • Laguna Niguel sales prices are up 6.7 percent and the sales volume is down 14.0 percent.
  • Rancho Santa Margarita sales prices are up 27.4 percent and the sales volume down 14.0 percent.
  • San Clemente Zip Code 92672 sales prices are up 3.9 percent and the sales volume is down 2.1 percent.
  • San Clemente Zip Code 92673 sales prices are down 5.1 percent and the sales volume is down 6.4 percent.

If we look at this week and it is apparent that the market has slowed.  The values increase but the inventory has dropped significantly. 

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California Orange County Mission Viejo
Groups:
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Tags:
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Rainmaker
854,489
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

As usual you are on top of what is going on here in South Orange County.

Mar 30, 2014 05:49 AM #1
Rainmaker
1,022,703
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thanks Mark

 

Mar 30, 2014 07:22 AM #2
Rainer
354,496
Raymond Denton
Homesmart / Evergreen Realty - Dana Point, CA
Capo Beach Realtor® - www.CapistranoBeachHomes.com

Even San Clemente took a dip this time.

Mar 30, 2014 07:28 AM #3
Rainmaker
1,022,703
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Yes it did Raymond.

Mar 30, 2014 07:32 AM #4
Rainmaker
373,349
Terri Poehler
Realtor - Coral Springs, FL
Coral Springs Real Estate Agent

Tim, great job knowing your market. There's alot of hard work that goes into this research.

Mar 30, 2014 11:02 PM #5
Rainmaker
1,022,703
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you Terri

Mar 31, 2014 12:53 AM #6
Ambassador
2,081,269
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Great market information on Mission Viego homes, Tim.

Apr 01, 2014 07:57 AM #7
Rainmaker
1,022,703
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you Barbara-Jo

Apr 02, 2014 12:54 AM #8
Rainmaker
3,478,004
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Tim, there's that same ol' song again --- The No Inventory Blues -- sales prices up, unit sales down.   It's time for homeowners thinking of selling to get off the fence. Good report.   

Apr 06, 2014 12:32 AM #9
Rainmaker
1,022,703
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I agree Michael.

Apr 06, 2014 01:24 AM #10
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Rainmaker
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