Corona del Mar Home Values 5/27/2018

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

Corona del Mar Home Values 5/27/2018

 

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 5.4 percent, new homes are up 17.1 percent and resale condos are up 4.6 percent. The sales volume is down for resale homes 0.1 percent, up 3.5 percent on condos and down 20.6 percent for new homes.

 

Corona del Mar Zip Code 92625 sales prices are up 60.3 persent and the sales volume     is up 17.6

Mission Viejo Zip Code 92691 sales prices are up 6.0 percent and the sales volume is up 18.9 percent.

Mission Viejo Zip Code 92692 sales prices are up 17.4 percent and the sales volume is up 10.4. percent.

Aliso Viejo Zip Code 92656 sales prices are up 6.2 and the sales volume is down 2.6 percent.

Laguna Niguel Zip Code 92677 sales prices 0.6 percent and the sales volume is down 1.1 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are up 5.9 percent and the sales volume down 5.0 percent.

San Clemente Zip Code 92672 sales prices are up 10.9 percent and the sales volume is up 8.7 percent.

San Clemente Zip Code 92673 sales prices are up 8.2 percent and the sales volume is up 62.9 percent.

 

We had a big change here in Corana del Mar look at those numbers. It is clear that we have much higher interest rates highest is the past 17 years.  I do find that we are seeing with each increase a period where the buyers wait.  It is difficult to see how the market will do anything but slow for the whole of the year.

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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 sharing this market information. I hope you have a great Memorial Day weekend. 

 

May 27, 2018 09:07 AM #1
Rainmaker
1,019,354
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you for the report on South Orange County and the Corona del Mar area.

May 27, 2018 08:14 PM #2
Rainmaker
851,177
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you Lise.  I really think your Memorial Day poster is great.

May 27, 2018 08:26 PM #3
Rainmaker
851,177
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thanks Tim I hope you are having or had a great day.

May 27, 2018 08:27 PM #4
Rainmaker
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Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

That's valuable real estate market data home buyers and sellers in the Corona Del Mar vicinity.

May 28, 2018 02:33 AM #5
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Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to prepare and share this information.  It is most informative.

May 28, 2018 08:07 AM #6
Rainmaker
851,177
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thanks Jim

Jun 03, 2018 08:23 AM #7
Rainmaker
851,177
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you Myrl

 

Jun 03, 2018 08:24 AM #8
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