Mission Viejo Home Values by Tim Lorenz 1/22/2017
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 down 1.1 percent and for resale condos up 6.0 percent. The sales volume is up for resale homes 0.1 percent and down 4.6 percent on condos and up 40.2 percent for new homes.
•Mission Viejo Zip Code 92691 sales prices are up 4.8 percent and the sales volume is down 8.5 percent.
•Mission Viejo Zip Code 92692 sales prices are up 14.4 percent and the sales volume is down 33.7 percent.
•Aliso Viejo Zip Code 92656 sales prices are up 1.5 percent and the sales volume is down 11.1 percent.
•Laguna Niguel Zip Code 92677 sales prices down 2.0 percent and the sales volume is up 4.2 percent.
•Rancho Santa Margarita Zip Code 92688 sales prices are up 5.2 percent and the sales volume up 12.3 percent.
•San Clemente Zip Code 92672 sales prices are up 5.9 percent and the sales volume is up 10.7 percent.
•San Clemente Zip Code 92673 sales prices are down 4.5 percent and the sales volume is up 15.9 percent.
We are seeing a varied market fast changes due to the low number of properties on the market and a low number of properties being sold. It is a great time for the sellers.