Mission Viejo Home Values 5/5/2019
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 0.3 percent, new homes are up 8.1 percent and resale condos are down 1.9 percent. The sales volume is down for resale homes 12.1 percent, down 14.9 percent on condos and down 38.7 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are up 12.8 percent and the sales volume is down 25.4 percent.
Mission Viejo Zip Code 92692 sales prices are down 1.6 percent and the sales volume is down 35.7 percent.
Aliso Viejo Zip Code 92656 sales prices are up 11.6 and the sales volume is down 3.0 percent
Laguna Niguel Zip Code 92677 sales prices down 1.9 percent and the sales volume is down 6.2 percent.
Rancho Santa Margarita Zip Code 92688 sales prices are down 1.7 percent and the sales volume down 15.5 percent.
San Clemente Zip Code 92672 sales prices are down 8.8 percent and the sales volume is down 25.0 percent.
San Clemente Zip Code 92673 sales prices are down 8.4 percent and the sales volume is down 20.0 percent.
We are seeing a big drop in the sales volume across all cities. If you look at the sales volume fot the county we are seeing a big drop in the sales volume. People are begining to see that reflected in their home prices in their neighborhood's.