Mission Viejo Home Values 9/16/2018

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

Mission Viejo Home Values 9/16/2018

 

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 6.0 percent, new homes are up 15.4 percent and resale condos are up 7.1 percent. The sales volume is down for resale homes 5.5 percent, down 14.7 percent on condos and down 4.0 percent for new homes.

 

Mission Viejo Zip Code 92691 sales prices are up 6.0 percent and the sales volume is down 10.8 percent.

Mission Viejo Zip Code 92692 sales prices are up 7.5 percent and the sales volume is down 9.6 percent.

Aliso Viejo Zip Code 92656 sales prices are up 18.0 and the sales volume is down 14.3 percent.

Laguna Niguel Zip Code 92677 sales prices up 10.4 percent and the sales volume is down 25.7 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are up 20.6 percent and the sales volume down 24.1 percent.

San Clemente Zip Code 92672 sales prices are up 21.6 percent and the sales volume is down 7.4 percent.

San Clemente Zip Code 92673 sales prices are down 5.5 percent and the sales volume is up 50.0 percent.

 

We cannot deny that the market has shifted down from where it has been.  However, it is a mild down turn not a huge drop in values.  More of a price adjustment.

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California Orange County Mission Viejo
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Rainmaker
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Joyce Marsh
Regal | Christie's International Real Estate - Ormond Beach, FL
Regal Christie's International Real Estate

Thanks for updating us on what’s happening to current home values in your real estate market. 

Sep 17, 2018 02:48 AM #1
Rainmaker
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Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Thank you, Tim for great post. Market updates help buyer, seller, tenants and for sure agents too - knowing inventory by heart.

Nov 11, 2018 10:04 AM #2
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Rainmaker
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Tim Lorenz

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