7/20/2014 Mission Viejo Home Values By Tim Lorenz 949 874-2247

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Real Estate Agent with TIM LORENZ - Elite Home Sales Team DRE# 00919781
https://activerain.com/droplet/4kV2

7/20/2014 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 6.6 percent, for new homes up 17.2 percent and for resale condos up 4.2 percent. The sales volume is down for resale homes 8.7 percent and down 3.0 percent on condos and up 61.8 percent for new homes.     

 

  • Mission Viejo Zip Code 92691 sales prices are up 21.9 percent and the sales volume is up 44.6 percent.
  • Mission Viejo Zip Code 92692 sales prices are up 3.2 percent and the sales volume is down 3.3 percent.
  • Aliso Viejo sales prices are up 12.8 percent and the sales volume is down 17.1  percent.
  • Laguna Niguel sales prices are up 20.3 percent and the sales volume is down 29.3 percent.
  • Rancho Santa Margarita sales prices are up 21.3 percent and the sales volume down 12.2 percent.
  • San Clemente Zip Code 92672 sales prices are down 6.0 percent and the sales volume is down 14.3 percent.
  • San Clemente Zip Code 92673 sales prices are down 14.2 percent and the sales volume is down 19.4 percent. 

 

The market has cooled off but it is reversing a bit. The Orange County Market has is showing that there is still some life in the market.  In most of the areas we see that the prices are not going up as they had but some minor moves in number of homes sold shows flat to slight upward movement.  Again I would state that we need to watch to understand, if we can, just what is going on in the market. 

 

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Rainmaker
856,247
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

I saw the change as well.  Lets hope it stays flat and does not go down.

Jul 20, 2014 02:20 AM #1
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Once again Michael we agree.

Jul 20, 2014 06:04 AM #2
Rainmaker
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Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Hi Tim, 

Is that data YTD through the end of the week or just the week isolated? Thanks for the market update.. 

Jul 20, 2014 06:26 AM #3
Rainmaker
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David Saks
(retired) - Memphis, TN

Great post. Have a fine day and an excellent week ahead.

Jul 20, 2014 11:13 PM #4
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Robert

That is a great question it is the week over a 4 week period.

Jul 21, 2014 02:12 AM #5
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thanks David.

Jul 21, 2014 02:12 AM #6
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is very good information for prospective home buyers and home sellers. They will be in good hands when they use your professional services.

Jul 21, 2014 02:17 AM #7
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank Roy we do try.

Jul 21, 2014 04:19 AM #8
Rainmaker
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Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

So, does this mean then that it's a really good time to buy a home in San Clemente? I think San Clemente has the most perfect weather of any city in Orange County.

Jul 24, 2014 02:10 AM #9
Rainmaker
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Patty Da Silva, Davie, Southwest Ranches Cooper City, Plantation, Weston, REALTOR
BROKER of Green Realty Properties® - 954-667-7253 - Davie, FL
Top Listing Broker

Excellent report Tim. Thanks for sharing, have a wonderful weekend!

Jul 26, 2014 01:45 AM #10
Rainmaker
856,247
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

I agree San Clemente does have the best weather in the OC.  Have a great week Elizabeth.

Jul 27, 2014 05:52 AM #11
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

It would be difficult to get better weather anywhere as compared to San Clemente, Elizabeth.

Jul 27, 2014 07:24 AM #12
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Yes Michael that is true.

Jul 27, 2014 07:25 AM #13
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I promise Patty I will have a great weekend.

Jul 27, 2014 07:25 AM #14
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Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

Looks good out there on the left coast.  I hope for your sake and my kids - who all live out there! - that prices go up!!

Jul 31, 2014 01:20 AM #15
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Hi Dagny I keep missing your comments until late.  I do appreciate you remarks.

Sep 06, 2014 03:44 AM #16
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