Mission Viejo Home Values 10/28/2018
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 2.0 percent, new homes are up 15.0 percent and resale condos are up 4.7 percent. The sales volume is down for resale homes 15.8 percent, down 17.5 percent on condos and down 11.6 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are down 0.1 percent and the sales volume is down 32.9 percent.
Mission Viejo Zip Code 92692 sales prices are up 12.0 percent and the sales volume is down 5.7 percent.
Aliso Viejo Zip Code 92656 sales prices are 4.2 and the sales volume is down 7.9 percent.
Laguna Niguel Zip Code 92677 sales prices up 37.3 percent and the sales volume is down 30.3 percent.
Rancho Santa Margarita Zip Code 92688 sales prices are down 9.8 percent and the sales volume down 36.0 percent.
San Clemente Zip Code 92672 sales prices are up 9.3percent and the sales volume is down 15.3 percent.
San Clemente Zip Code 92673 sales prices are up 12.7 percent and the sales volume is down 26.9 percent.
Sales volume is off as we approach November which is usual for this time of year. However, it is a bit different this year. We are seeing a shift in the market a slowing that will extend into 2019.