Mission Viejo Home Values by Tim Lorenz 1/15/2017
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 4.5 percent, for new homes up 1.1 percent and for resale condos up 5.9 percent. The sales volume is up for resale homes 6.6 percent and up 2.9 percent on condos and up 30.1 percent for new homes.
•Mission Viejo Zip Code 92691 sales prices are up 4.5 percent and the sales volume is up 20.8 percent.
•Mission Viejo Zip Code 92692 sales prices are up 18.8 percent and the sales volume is down 23.9 percent.
•Aliso Viejo Zip Code 92656 sales prices are down 3.9 percent and the sales volume is down 3.9 percent.
•Laguna Niguel Zip Code 92677 sales prices down 6.0 percent and the sales volume is up 9.0 percent.
•Rancho Santa Margarita Zip Code 92688 sales prices are up 3.3 percent and the sales volume up 31.1 percent.
•San Clemente Zip Code 92672 sales prices are down 8.5 percent and the sales volume is down 11.1 percent.
•San Clemente Zip Code 92673 sales prices are down 2.7 percent and the sales volume is up 24.4 percent.
We are off an running in 2017. We do see a slowing in the market to some extent from the first of the year, We are looking at a fast moving market and a strong market.