Mission Viejo Home Values 6/3/2018
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 4.7 percent, new homes are up 12.8 percent and resale condos are up 3.1 percent. The sales volume is down for resale omes 5.8 percent, up 7.1 percent on condos and down 11.3 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are up 9.8 percent and the sales volume is down 3.0 percent.
Mission Viejo Zip Code 92692 sales prices are up 10.7 percent and the sales volume is down 2.3. percent.
Aliso Viejo Zip Code 92656 sales prices are up 5.5 and the sales volume is down 21.7 percent.
Laguna Niguel Zip Code 92677 sales prices are down 1.3 percent and the sales volume is down 8.5 percent.
Rancho Santa Margarita Zip Code 92688 sales prices are down 2.1 percent and the sales volume down 5.0 percent.
San Clemente Zip Code 92672 sales prices are up 0.3 percent and the sales volume is down 19.3 percent.
San Clemente Zip Code 92673 sales prices are up 12.4 percent and the sales volume is up 46.5 percent.
The wild year is back many showing negatives on price and the number of sales are down. We see the result of increased interest rates and the high price asr taking its toll on the market. Let's us see what happens during the the next week.