Corona del Mar Home Values 2/18/2018

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Real Estate Agent with Elite Home Sales Team OC BRE# 02066030

Corona del Mar Home Values 2/18/2018

 

This weeks report on home values for Corona del Mar and surrounding areas homes is prepared by a Corona del Mar Realtor Joe Steck. The report shows the Orange County Median Prices for resale homes were up 5.8 percent, new homes are up 4.4 percent and resale condos are up 16.3 percent. The sales volume is down for resale homes 5.8 percent, down 8.1 percent on condos and up 7.7 percent for new homes. 

 

Corona del Mar Zip Code 92625 sales prices are up 34 percent and the sales volume is down 4.2. 

Mission Viejo Zip Code 92691 sales prices are up 7.0 percent and the sales volume is up 2.4 percent.

Mission Viejo Zip Code 92692 sales prices are up 1.5 percent and the sales volume is up 46.0 percent.

Aliso Viejo Zip Code 92656 sales prices are up 2.0 and the sales volume is down 4.8 percent.

Laguna Niguel Zip Code 92677 sales prices up 21.1 percent and the sales volume is down 15.7 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are 5.1 percent and the sales volume down 17.7 percent.

San Clemente Zip Code 92672 sales prices are down 2.6 percent and the sales volume is down 17.0 percent.

San Clemente Zip Code 92673 sales prices are up 15.6 percent and the sales volume is down 30.0 percent.

There are a large number of buyers and few seller.  The market is tip toward the seller forcing the buyers to compete for few homes.  Driving the properties up higher and higher. 

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Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Yes Joe the market is unballanced toward the sellers.  It may change as the year moves forward.

Feb 18, 2018 08:37 AM #1
Rainer
339,796
Raymond Denton
Homesmart / Evergreen Realty - Irvine, CA
Shady Canyon Specialist

34% in one year, Joe?  That's amazing!

Feb 18, 2018 09:40 AM #2
Rainmaker
2,519,231
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

That's valuable market data information for those interested in buying and selling homes in your vicinity, Joe!

Feb 18, 2018 05:06 PM #3
Rainmaker
848,049
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you Tim

Feb 25, 2018 08:09 AM #4
Rainmaker
848,049
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

You are correct that is amazing Raymond.

Feb 25, 2018 08:10 AM #5
Rainmaker
848,049
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thanks Myrl

Feb 25, 2018 08:10 AM #6
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