Corona del Mar Home Values 2/17/2019
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 1.0 percent, new homes are up 16.1 percent and resale condos are down 1.6 percent. The sales volume is down for resale homes 25.0 percent, down 29.9 percent on condos and down 48.6 percent for new homes.
Corona del Mar Zip Code 92625 sales prices are down 4.1 percent and the sales volume is down 39.1 percent.
Mission Viejo Zip Code 92691 sales prices are down 10.0 percent and the sales volume is down 31.1 percent.
Mission Viejo Zip Code 92692 sales prices are down 6.2 percent and the sales volume is down 44.0 percent.
Aliso Viejo Zip Code 92656 sales prices are up 13.6 and the sales volume is down 37.1 percent.
Laguna Niguel Zip Code 92677 sales prices up 1.8 percent and the sales volume is down 16.9 percent.
Rancho Santa Margarita Zip Code 92688 sales prices are up 16.8 percent and the sales volume down 38.1 percent.
San Clemente Zip Code 92672 sales prices are up 14.2 percent and the sales volume is up 2.3 percent.
San Clemente Zip Code 92673 sales prices are down 13.8 percent and the sales volume is up 3.6 percent.
We are still seeing except for San Clemente we are seeing large drops in activity in the market. Again lets see what happens in the market over the next 3 weeks. Then we will know where we are headed.