6/29/2014 Mission Viejo Home Values By Tim Lorenz 949 874-2247

By
Real Estate Agent with TIM LORENZ - Elite Home Sales Team DRE# 00919781
https://activerain.com/droplet/4nkL

 

6/29/2014 Mission Viejo Home Values By Tim Lorenz 

 949 874-2247   

 This week’s report on home values for Mission Viejo and surrounding areas homes is prepared by a Mission Viejo Realtor Tim Lorenz shows.  The report shows the Orange County Median Prices for resale homes were up 5.6 percent, for new homes up 19.6 percent and for resale condos up 7.5 percent. The sales volume is down for resale homes 12.9 percent and down 10.6 percent on condos and up 33.8 percent for new homes.    

  • Mission Viejo Zip Code 92691 sales prices are up 11.6 percent and the sales volume is up 7.4  percent.
  • Mission Viejo Zip Code 92692 sales prices are up 0.0 percent and the sales volume is down 24.0 percent.
  • Aliso Viejo sales prices are up 25.7 percent and the sales volume is down 1.9  percent.
  • Laguna Niguel sales prices are down 6.2 percent and the sales volume is down 16.5 percent.
  • Rancho Santa Margarita sales prices are up 27.1 percent and the sales volume down 14.9 percent.
  • San Clemente Zip Code 92672 sales prices are down 5.7 percent and the sales volume is down 30.2 percent.
  • San Clemente Zip Code 92673 sales prices are up 6.4 percent and the sales volume is down 20.0 percent.           

As we look at the market it is disappointing for sure. The market is not finding any drive at all it starts and stops.  There is a feeling that the market is without a footing it is just flat to slipping slightly down.  The market is very soft indeed.  We see the sellers thinking the market is a lot better than it is asking too much for their properties.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
California Orange County Mission Viejo
Groups:
Realtors®
Keller Williams 'Rainers
Orange County Real Estate
Outside Blogs
Market Reports
Tags:
mission viejo
mission viejo market report
tim lorenz
mission viejo home values
mission viejo property values

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
856,247
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

I see what you mean the market has been a bit strange this year for sure.

Jun 29, 2014 05:32 AM #1
Rainmaker
1,025,003
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Yes it has Michael

Jun 29, 2014 05:33 AM #2
Rainmaker
1,143,971
David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

a 25% increase in pricing in a year is crazy thats almost like old times before the crash. Glad to see your market is raging back from its lows

Jun 29, 2014 07:20 AM #3
Rainmaker
1,025,003
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

It is David but it is flatening out.

Jun 29, 2014 11:19 AM #4
Ambassador
1,654,538
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Tim glad to hear your market is doing so well.  The opposite is the case here, so far this year is lagging behind last year.

Jun 29, 2014 12:59 PM #5
Rainmaker
1,025,003
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Hi Jennifer

Sory to here that.

Jun 29, 2014 02:30 PM #6
Rainmaker
576,438
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Hi Tim: The real estate market in your area shows varying trends, interestingly. Some show great strides and some show a slump.

Overall, the market is improving. Great report. Thanks for sharing.

Jun 30, 2014 04:21 AM #7
Ambassador
1,179,079
Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Tim. Looks like Mission Viejo is doing very well this summer. I know you are getting your share of the market out there on the West Coast.

Jul 01, 2014 02:50 AM #8
Rainmaker
1,025,003
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you Maria

 

Jul 02, 2014 01:07 AM #9
Rainmaker
1,025,003
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Yes I am Jerry

 

Jul 02, 2014 01:08 AM #10
Rainer
362,131
Raymond Denton
Homesmart / Evergreen Realty - Irvine, CA
Veteran Friendly Realtor®

What's surprising to me is San Clemente.  It was holding out better then the others for a while, but the tide has turned quickly.

Jul 02, 2014 03:43 AM #11
Rainmaker
657,401
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Wow Tim, Congrats on on the price increases! Glad to see your side of the country is doing well. Happy 4th!

Jul 04, 2014 12:44 AM #12
Rainmaker
1,025,003
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Hi Raymond

Yes San Clemente has turned.

Jul 04, 2014 08:10 AM #13
Rainmaker
1,025,003
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Hi Carla

Thank you for crediting me with the increases.  LOL   Have a great 4th.

Jul 04, 2014 08:11 AM #14
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,025,003

Tim Lorenz

949 874-2247
Call me for Real Estate Investment Ideas
*
*
*
*
Spam prevention

Additional Information