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1/3/2016 Home Values In Mission Viejo By Tim Lorenz

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

 

1/3/2016 Home Values In Mission Viejo By

Tim Lorenz

 

This week’s report on home values for Mission Viejo and surrounding areas homes is prepared by a Mission Viejo Realtor Tim Lorenz.  The report shows the Orange County Median Prices for resale homes were up 3.8 percent, for new homes up 7.3 percent and for resale conds up 7.6 percent. The sales volume is up for resale homes 4.3 percent and up 6.0 percent on condos and down 9.4 percent for new homes.     

 

  • Mission Viej.8o Zip Code 92691 sales prices are up 25.5 percent and the sales volume is down 4.2 percent.
  • Mission Viejo Zip Code 92692 sales prices are up 0.9 percent and the sales volume is up 21.9 percent.
  • Aliso Viejo sales prices are up 14.5 percent and the sales volume is down 18.5 percent.
  • Laguna Niguel sales prices are up 13.7 percent and the sales volume is down 10.7 percent.
  • Rancho Santa Margarita sales prices are up 2.5  percent and the sales volume down 6.0 percent.
  • San Clemente  Zip Code 92672 sales prices are down 1.0 percent and the sales volume is up 26.3 percent.
  • San Clemente Zip Code 92673 sales prices are up 9.8 percent and the sales volume is down 18.2 percent. 

The hardest week to get business done is the week after Christmas and New Years Day.  These are the result of that week statistically.  Lets not make any predictions based on this one week.

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

I agree with you Tim this is not the time to predict much.  Have a Happy New Year.

Jan 03, 2016 02:00 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you Michael.

Jan 03, 2016 02:01 AM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

One week is never a trend, but sales prices heading up is still a signal to buyers to jump in before the market really gets going. Good luck in 2016!

Jan 03, 2016 02:36 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I agree John that one week is never a trend but this week is an unusual week in the year.

Jan 03, 2016 02:42 AM