Corona del Mar Home Values 2/25/2018

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Real Estate Agent with Elite Home Sales Team OC BRE# 02066030
https://activerain.com/droplet/5b2X

Corona del Mar Home Values 2/25/2018

 

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 4.0 percent, new homes are up 8.2 percent and resale condos are up 14.9 percent. The sales volume is down for resale homes 5.9 percent, down 10.5 percent on condos and up 7.4 percent for new homes. 

 

Corona del Mar Zip Code 92625 sales prices are up 65.8 percent and the sales volume is down 9.1.

Mission Viejo Zip Code 92691 sales prices are up 6.2 percent and the sales volume is up 7.1 percent.

Mission Viejo Zip Code 92692 sales prices are down 0.4 percent and the sales volume is up 38.0 percent.

Aliso Viejo Zip Code 92656 sales prices are up 0.5 and the sales volume is down 11.9 percent.

Laguna Niguel Zip Code 92677 sales prices up 13.2 percent and the sales volume is down 12.0 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are 5.0 percent and the sales volume down 17.7 percent.

San Clemente Zip Code 92672 sales prices are down 0.4 percent and the sales volume is down 0.0 percent.

San Clemente Zip Code 92673 sales prices are down 0.0 percent and the sales volume is down 30.3 percent.

Volume is down across the bord here in south county, however look at the statistics on Corona del Mar's median price up over 65%.  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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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

thanks for the market update on Corona Del mar - it is such a beautiful part of the country

Feb 25, 2018 08:46 AM #1
Rainmaker
849,042
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you Lise

Feb 25, 2018 08:48 AM #2
Rainmaker
1,615,913
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Always good to hear from a local expert. Thank you for sharing and best of luck!

Feb 25, 2018 09:53 AM #3
Rainmaker
849,042
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you Jeremy.

 

Feb 25, 2018 04:32 PM #4
Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Wow that is a hugh increase in sales price 65.8% 

Feb 25, 2018 06:49 PM #5
Rainmaker
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Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Yes Tim that is correct 65.8 percent in the median price.  Awsome!

Feb 25, 2018 06:50 PM #6
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