Mission Viejo Home Values 4/29/2018
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 8.1 percent, new homes are up 1.6 percent and resale condos are up 4.8 percent. The sales volume is down for resale homes 5.5 percent, down 12.8 percent on condos and up 15.2 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are down 0.7 percent and the sales volume is down 7.4 percent.
Mission Viejo Zip Code 92692 sales prices are up 8.2 percent and the sales volume is down 1.2 percent.
Aliso Viejo Zip Code 92656 sales prices are up 16.1 and the sales volume is down 28.7 percent.
Laguna Niguel Zip Code 92677 sales prices up 3.1 percent and the sales volume is down 20.8 percent.
Rancho Santa Margarita Zip Code 92688 sales prices are up 17.0 percent and the sales volume down 21.2 percent.
San Clemente Zip Code 92672 sales prices are up 1.7 percent and the sales volume is up 32.6 percent.
San Clemente Zip Code 92673 sales prices are up 14.4 percent and the sales volume is down 0.0 percent.
Sales volume is low and has put a strain on the market. There are plenty of buyers but the sellers are scarce. Multiple offers on most properties.