Mission Viejo Home Values 10/14/2018

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

Mission Viejo Home Values 10/14/2018

 

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 1.3 percent, new homes are up 15.6 percent and resale condos are up 7.4 percent. The sales volume is down for resale homes 12.9 percent, down 16.6 percent on condos and down 12.1percent for new homes.

 

Mission Viejo Zip Code 92691 sales prices are up 1.7 percent and the sales volume is down 28.2 percent.

Mission Viejo Zip Code 92692 sales prices are up 9.3 percent and the sales volume is up 25.8 percent.

Aliso Viejo Zip Code 92656 sales prices are down 1.0 and the sales volume is down 14.6 percent.

Laguna Niguel Zip Code 92677 sales prices up 2.5 percent and the sales volume is down 22.5 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are up 6.8 percent and the sales volume down 37.6 percent.

San Clemente Zip Code 92672 sales prices are up 5.4 percent and the sales volume is down 12.5 percent.

San Clemente Zip Code 92673 sales prices are up 11.5 percent and the sales volume is down 5.0 percent.

 

This is what a flat market meeting the seasonal slown looks like.  We will watch the market closely to see what happens.

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Rainmaker
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Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Yes we are in the begining of a market shift.

Oct 14, 2018 09:09 AM #2
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 10:03 AM #3
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Rainmaker
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Tim Lorenz

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