Corona del Mar Home Values 3/25/2018

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

San Clemente Home Values 3/25/2018

 

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 5.7 percent, new homes are up 0.0 percent and resale condos are up 9.3 percent. The sales volume is up for resale homes 2.3 percent, down 6.8 percent on condos and up 17.2 percent for new homes. 

 

Corona del Mar Zip Code 92625 sales prices are up 1.6 percent and the sales volume is down 39.1 percent.

Mission Viejo Zip Code 92691 sales prices are up 7.2 percent and the sales volume is up 2.3 percent.

Mission Viejo Zip Code 92692 sales prices are up 7.4 percent and the sales volume is down 30.0 percent.

Aliso Viejo Zip Code 92656 sales prices are up 13.8 and the sales volume is down 19.4 percent.

Laguna Niguel Zip Code 92677 sales prices up 22.3 percent and the sales volume is down 0.0 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are down 4.3 percent and the sales volume down 4.4 percent.

San Clemente Zip Code 92672 sales prices are up 43.8 percent and the sales volume is down 28.6 percent.

San Clemente Zip Code 92673 sales prices are 11.9 percent and the sales volume is down 7.1 percent.

These are some huge negatives in sales volume in many of the zip codes.  Look at Corona del Mar, Mission Viejo 92692, Aliso Viejo, and San Clemente 92672 all show large drops in sales volume.  Those are off the chart.  We are short of inventory for sure in all areas. 

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Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
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Corona del Mar was ver high in the previous week now it went way down over 40%.

Mar 25, 2018 06:23 PM #1
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

That is correct Tim.  Big changes in the market this week.

Mar 25, 2018 06:24 PM #2
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