Mission Viejo Home Values 8/12/2018

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Real Estate Agent with TIM LORENZ - Elite Home Sales Team DRE# 00919781
https://activerain.com/droplet/5dLz

Mission Viejo Home Values 8/12/2018

 

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 3.6 percent, new homes are up 21.6 percent and resale condos are up 3.3 percent. The sales volume is down for resale homes 7.1 percent, down 4.6 percent on condos and up 18.0 percent for new homes.

 

Mission Viejo Zip Code 92691 sales prices are down 3.1 percent and the sales volume is down 17.1 percent.

Mission Viejo Zip Code 92692 sales prices are up 12.1  percent and the sales volume is down 11.6 percent.

Aliso Viejo Zip Code 92656 sales prices are up 12.1 and the sales volume is down 28.6  percent.

Laguna Niguel Zip Code 92677 sales prices are up 1.4 percent and the sales volume is down 16.4 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are up 0.5 percent and the sales volume down 18.1 percent.

San Clemente Zip Code 92672 sales prices are up 16.2 percent and the sales volume is up 7.7 percent.

San Clemente Zip Code 92673 sales prices are down 0.7 percent and the sales volume is up 26.9 percent.

 

Prices are still up for the most part but at a slower rate.  The zip code 92691 shows a slight down turn in price.  The market is slowing and is now an even market neither a seller's marekt nor a buyers market.

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California Orange County Mission Viejo
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Rainmaker
856,676
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Very informative as always.  Thanks for the information on the home sales in South Orange County.

Aug 12, 2018 08:54 AM #1
Rainmaker
1,025,643
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thanks Joe

Aug 12, 2018 08:56 AM #2
Rainer
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Raymond Denton
Homesmart / Evergreen Realty - Irvine, CA
Veteran Friendly Realtor®

The market is definately changing quickly, Tim.  I hosted an Open House in Irvine yesterday and today, and thought I'd have more visitors today, being Sunday.  But only one Vistor stopped by ... that's not normal.

Aug 12, 2018 04:46 PM #3
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Rainmaker
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Tim Lorenz

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