Home Prices in Mission Viejo Tim Lorenz 8/7/2016

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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 8/7/2016

 

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 3.0 percent, for new homes down 12.7 percent and for resale condos up 9.1 percent. The sales volume is down for resale homes 8.0 percent  and down 4.9 percent on condos and up 13.0 percent for new homes.     

 

  • Mission Viejo  Zip Code 92691 sales prices are up 2.2 percent and the sales volume is down 21.3 percent.
  • Mission Viejo Zip Code 92692 sales prices are up 8.2 percent and the sales volume is up 50.7 percent.
  • Aliso Viejo Zip Code 92656 sales prices are up 1.8 percent and the sales volume is down 0.8 percent.
  • Laguna Niguel Zip Code 92677 sales prices down 105 percent and the sales volume is down 5.7 percent.
  • Rancho Santa Margarita Zip Code 92688 sales prices are down 8.0 percent and the sales volume down 2.0 percent.
  • San Clemente  Zip Code 92672 sales prices are up 12.0 percent and the sales volume is up 7.5 percent.
  • San Clemente Zip Code 92673 sales prices are up 11.8 percent and the sales volume is down 21.7 percent. 

 

I feel that the market is loosing steam and it is showing it.  If we look at the whole county you see it.  We also see there are a few good zip codes that are doing well.  However, the trends now are a slowdown before the end of the season.

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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

We can see by the numbers a shift in the market is here can't deny the numbers

Aug 07, 2016 04:04 PM #2
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you Michael

Aug 07, 2016 04:05 PM #3
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Rainmaker
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Tim Lorenz

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