Mission Viejo Home Values 11/18/2018

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

Mission Viejo Home Values 11/18/2018

 

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 3.6 percent, new homes are up 18.2 percent and resale condos are up 4.5 percent. The sales volume is down for resale homes 13.2 percent, down 15.1 percent on condos and down 24.4 percent for new homes.

 

Mission Viejo Zip Code 92691 sales prices are down 2.7 percent and the sales volume is down 38.2 percent.

Mission Viejo Zip Code 92692 sales prices are up 7.9 percent and the sales volume is down 25.0 percent.

Aliso Viejo Zip Code 92656 sales prices are up 2.9 and the sales volume is down 12.3 percent.

Laguna Niguel Zip Code 92677 sales prices up 10.9 percent and the sales volume is down 16.8 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are up 6.6 percent and the sales volume down 22.9 percent.

San Clemente Zip Code 92672 sales prices are down 8.2 percent and the sales volume is down 22.8 percent.

San Clemente Zip Code 92673 sales prices are up 7.8 percent and the sales volume is down 14.5 percent.

 

Sales volume is off and we are seeing the a couple of median price s going down we are now in the holiday mode.  That time of year when few buyers are out due to the holiday which is usual for this time of year.  We are now seeing large drop offs in the sales volume across the board.

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Rainmaker
856,737
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Hi Tim

This is interesting the market is going into slumber.

Nov 18, 2018 08:54 AM #1
Rainmaker
1,025,654
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you for your kind remarks.  Have a great week and a Happy Thanksgiving.

Nov 18, 2018 08:59 AM #2
Rainmaker
1,529,817
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Great post, thank you, Tim and  good Holidays to all of us!

Nov 26, 2018 09:45 AM #3
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Rainmaker
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Tim Lorenz

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