Mission Viejo Home Values 8/19/2018
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 5.2 percent, new homes are up 18.5 percent and resale condos are up 4.9 percent. The sales volume is down for resale homes 9.0 percent, down 7.5 percent on condos and up 18.7 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are down 0.5 percent and the sales volume is down 26.2 percent.
Mission Viejo Zip Code 92692 sales prices are up 11.2 percent and the sales volume is up 3.6 percent.
Aliso Viejo Zip Code 92656 sales prices are up 10.8 and the sales volume is down 18.6 percent.
Laguna Niguel Zip Code 92677 sales prices are up 3.0 percent and the sales volume is down 20.9 percent.
Rancho Santa Margarita Zip Code 92688 sales prices are up 1.4 percent and the sales volume down 32.6 percent.
San Clemente Zip Code 92672 sales prices are up 13.4 percent and the sales volume is up 10.6 percent.
San Clemente Zip Code 92673 sales prices are down 1.0 percent and the sales volume is up 32.2 percent.
Prices are still up for the most part but at a slower rate. The zip code 92691 shows a much larger down turn in price. The market is slowing and is now an even market neither a seller's marekt nor a buyers market.