Home Prices in Mission Viejo Tim Lorenz 7/31/2016

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Real Estate Agent with TIM LORENZ - Elite Home Sales Team DRE# 00919781
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Home Prices in Mission Viejo

Tim Lorenz 7/31/2016

 

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 5.3 percent, for new homes down 3.4 percent and for resale condos up 7.9 percent. The sales volume is up for resale homes 0.4 percent and down 0.1 percent on condos and up 22.8 percent for new homes.     

 

  • Mission Viejo  Zip Code 92691 sales prices are up 4.3 percent and the sales volume is down 2.0 percent.
  • Mission Viejo Zip Code 92692 sales prices are up 7.5 percent and the sales volume is down 6.9 percent.
  • Aliso Viejo Zip Code 92656 sales prices are up 8.6 percent and the sales volume is down 0.8 percent.
  • Laguna Niguel Zip Code 92677 sales prices up 1.5 percent and the sales volume is down 10.9 percent.
  • Rancho Santa Margarita Zip Code 92688 sales prices are up 2.6 percent and the sales volume down 1.2 percent.
  • San Clemente  Zip Code 92672 sales prices are up 15.8 percent and the sales volume is down 14.0 percent.
  • San Clemente Zip Code 92673 sales prices are up 7.8 percent and the sales volume is down 1.3 percent. 

 

When we look at the entire county we see that the numbers improved over the last week.  We are in an adjustment year and I strongly believe that next year is going to show significant change.  If you are thinking of buying or selling I would suggest that now is the time to do it.  Interest rates will effect the buyers next year and the slow market the sellers.

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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

Once again a very well thought out blog post.  Have a great week.

Jul 31, 2016 05:35 AM #1
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
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Thank you so much Michael.

Jul 31, 2016 05:36 AM #2
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Rainmaker
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Tim Lorenz

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