Mission Viejo Home Values by Tim Lorenz 3/12/2017
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 4.6 percent, for new homes down 1.1 percent and for resale condos up 1.9 percent. The sales volume is down for resale homes 1.1 percent and down 2.9 percent on condos and up 0.6 percent for new homes.
•Mission Viejo Zip Code 92691 sales prices are up 3.7 percent and the sales volume is down 17.3 percent.
•Mission Viejo Zip Code 92692 sales prices are up 5.6 percent and the sales volume is up 4.0 percent.
•Aliso Viejo Zip Code 92656 sales prices are up 10.5 percent and the sales volume is up 1.6 percent.
•Laguna Niguel Zip Code 92677 sales prices down 16.4 percent and the sales volume is up 20.6 percent.
•Rancho Santa Margarita Zip Code 92688 sales prices are up 3.8 percent and the sales volume up 10.9 percent.
•San Clemente Zip Code 92672 sales prices are down 11.2 percent and the sales volume is up 0.0 percent.
•San Clemente Zip Code 92673 sales prices are up 8.0 percent and the sales volume is down 47.1 percent.
Look at the county numbers a big change. Sales volume down across the board except condos. There are just too few properties for sale. Even taking that into account we have some buyers staying home.