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Corona del Mar Home Values 11/11/2018

By
Real Estate Agent with Elite Home Sales Team OC BRE# 02066030

Corona del Mar Home Values 11/11/2018

 

This weeks report on home values for Corona del Mar and surrounding areas homes is prepared by a Corona del Mar Realtor Tim Lorenz. The report shows the Orange County Median Prices for resale homes were up 3.2 percent, new homes are up 19.3 percent and resale condos are up 4.1 percent. The sales volume is down for resale homes 13.9 percent, down 20.4 percent on condos and down 20.9 percent for new homes.

 

Corona del Mar Zip Code 92625 sales prices are down 26.3 persent and the sales volume is down 25.9 percent.   

Mission Viejo Zip Code 92691 sales prices are up 0.5 percent and the sales volume is down 25.8 percent.

Mission Viejo Zip Code 92692 sales prices are up 4.5 percent and the sales volume is down 16.7 percent.

Aliso Viejo Zip Code 92656 sales prices are up 11.0 and the sales volume is up 6.3 percent.

Laguna Niguel Zip Code 92677 sales prices up 5.8 percent and the sales volume is down 20.6 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are down 5.8 percent and the sales volume down 31.2 percent.

San Clemente Zip Code 92672 sales prices are down 7.8 percent and the sales volume is down 15.8 percent.

San Clemente Zip Code 92673 sales prices are up 20.0 percent and the sales volume is down 27.8 percent.

 

Sales volume is off we are now in what consumers feel is the dead zone.  That time of year when few buyers are out due to the holiday which is usual for this time of year.  We are nwo seeing large drop offs in the sales volume across the board.

Comments (4)

Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Luxury Living

Thanks for updating us about your real estate market. It's interesting to compare how the market differs in various parts of the country. Best of luck with your business. 

Nov 11, 2018 02:36 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thanks Joyce.

Nov 11, 2018 03:17 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

This is valuable real estate market data for home buyers and sellers.  Sure to be helpful!

Nov 12, 2018 11:40 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thanks again Myrl.

 

Nov 18, 2018 08:41 AM