8/30/2015 Home Prices In San Clemente By Michael Albrecht

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Real Estate Agent with Elite Home Sales Team OC BRE# 02066030
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8/30/2015 Home Prices In San Clemente By

Michael Albrecht

 

 

This week’s report on home values for San Clemente and surrounding areas homes is prepared by a San Clemente Realtor Michael Albrecht.  The report shows the Orange County Median Prices for resale homes were up 4.6 percent, for new homes up 2.4 percent and for resale condos up 5.6 percent. The sales volume is up for resale homes 14.3 percent and up 14.7 percent on condos and down 40.2 percent for new homes.     

 

  • Mission Viejo Zip Code 92691 sales prices are up 2.9 percent and the sales volume is up 42.6 percent.
  • Mission Viejo Zip Code 92692 sales prices are up 10.5 percent and the sales volume is down 9.5 percent.
  • Aliso Viejo sales prices are up 7.7 percent and the sales volume is down 2.8 percent.
  • Laguna Niguel sales prices are up 9.2 percent and the sales volume is down 1.8 percent.
  • Rancho Santa Margarita sales prices are down 0.7 percent and the sales volume up 2.5 percent.
  • San Clemente  Zip Code 92672 sales prices are down 7.9 percent and the sales volume is down 23.1 percent.
  • San Clemente Zip Code 92673 sales prices are up 11.4 percent and the sales volume is up 8.5 percent. 

It is a very good market we as we can see, however, it is slowing.  The season would predict that the market would slow down.  There was an interesting article in the Orange County Register today.  Showing that in California people want to keep their homes for 20 years on average that is in increase from 8.8 years in the previous survey. 

One of the things that has to be considered is that the Baby Boomers are trading houses as they did in the past and the Millenials do not have the jobs or the money to purchase.  Interesting statistic.

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Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I do not take too much stock in a survey that predicts a 20 yr. hold on a home.  I have lived here a long time and that is not the way Californians look at there property.

Aug 31, 2015 01:59 AM #1
Rainmaker
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Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

I agree Tim.

 

Aug 31, 2015 02:00 AM #2
Rainmaker
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Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Elite Home Sales Team - Michael you do a great job with your  greater area San Clemente, CA real estate updates!  You're the agent to call for more information and market insight!

Aug 31, 2015 07:00 AM #3
Rainmaker
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Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you so much Laura.

Sep 06, 2015 02:54 AM #4
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