Mission Viejo Home Values by Tim Lorenz 2/5/2017

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Real Estate Agent with TIM LORENZ - Elite Home Sales Team DRE# 00919781
https://activerain.com/droplet/4ZnK

Mission Viejo Home Values by Tim Lorenz 2/5/2017

 

 

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 6.1 percent, for new homes up 0.6 percent and for resale condos up 1.9 percent. The sales volume is up for resale homes 5.7 percent and down 5.1  percent on condos and up 20.2  percent for new homes.  

 

•Mission Viejo Zip Code 92691 sales prices are up 4.0 percent and the sales volume is down 20.7 percent.

•Mission Viejo Zip Code 92692 sales prices are up 0.8 percent and the sales volume is down 45.6 percent.

•Aliso Viejo Zip Code 92656 sales prices are up 0.0 percent and the sales volume is down 3.0 percent.

•Laguna Niguel Zip Code 92677 sales prices up 0.6 percent and the sales volume is down 21.3 percent.

•Rancho Santa Margarita Zip Code 92688 sales prices are up 7.1 percent and the sales volume up 15.3 percent.

•San Clemente Zip Code 92672 sales prices are up 15.3 percent and the sales volume is up 2.1 percent.

•San Clemente Zip Code 92673 sales prices are down 2.2 percent and the sales volume is down 0.0 percent.

 

This week we have a many changes and some of them very large.  The changes are city by city.  The changes are up and down some big one and some small but in all directions.  Hold on this is an interesting year.  I see it as a sellers market.  Too few properties for the numbers of buyers looking at this time.

The sellers should get out now and secure their sale with multiple offers and get their next home with these low interest rates.

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California Orange County Mission Viejo
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Rainmaker
854,489
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

I see the same thing Tim.  To few properties and to many buyers setting up a sellers market.

Feb 05, 2017 08:48 AM #1
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

It is a time that any seller should get out earily before the rates on their buy goes up.

Feb 05, 2017 08:49 AM #2
Rainmaker
270,237
Don Hess
KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 - Quarryville, PA

Same in our market. We need more homes for sale! 

Feb 14, 2017 08:26 AM #3
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you Don

Feb 26, 2017 08:18 AM #4
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Rainmaker
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Tim Lorenz

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