Mission Viejo Home Values 4/22/2018

By
Real Estate Agent with TIM LORENZ - Elite Home Sales Team BRE# 00919781

Mission Viejo Home Values 4/22/2018

 

This weeks 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 7.5 percent, new homes are up 1.5 percent and resale condos are up 2.1 percent. The sales volume is down for resale homes 1.6 percent, down 10.9 percent on condos and up 33.5 percent for new homes. 

 

Mission Viejo Zip Code 92691 sales prices are up 6.3 percent and the sales volume is up 4.8 percent.

Mission Viejo Zip Code 92692 sales prices are up 5.8 percent and the sales volume is down 7.5 percent.

Aliso Viejo Zip Code 92656 sales prices are up 13.0 and the sales volume is down 35.2 percent.

Laguna Niguel Zip Code 92677 sales prices up 12.1 percent and the sales volume is down 6.3 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are up 9.9 percent and the sales volume down 21.2 percent.

San Clemente Zip Code 92672 sales prices are up 12.2 percent and the sales volume is up 29.8 percent.

San Clemente Zip Code 92673 sales prices are up 19.2 percent and the sales volume is down 6.5 percent.

The market from week to week is showing anxiety as to where it wants to go.   Increasing costs of money (interest rates) and general indecision makes the market difficult to predict.   

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California Orange County Mission Viejo
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Tags:
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Rainmaker
822,960
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Well stated Tim.  The market is just having a hard time getting itself in a sustained direction.

Apr 22, 2018 01:16 PM #1
Rainmaker
988,271
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thanks Joe

 

Apr 22, 2018 01:18 PM #2
Rainmaker
1,363,765
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Thank you for keeping us posted and up to date. Have a great rest of the weekend!

Apr 22, 2018 02:26 PM #3
Rainmaker
1,700,465
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Tim, Thanks for he recap and for sharing with us in AR Land.

Apr 22, 2018 02:31 PM #4
Rainmaker
691,988
Joyce Marsh, Daytona Beach Florida
Premier Sotheby's International Realty - Daytona Beach, FL
Two Decades Of Experience Selling Luxury Homes...

Thank you for your helpful and informative market report about real estate in your neighborhood. 

Apr 23, 2018 05:46 AM #5
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Rainmaker
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Tim Lorenz

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