Mission Viejo Home Values 5/25/2019

By
Real Estate Agent with TIM LORENZ - Elite Home Sales Team DRE# 00919781

Mission Viejo Home Values 5/25/2019

 

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 1.3 percent, new homes are up 10.7 percent and resale condos are up 2.0 percent. The sales volume is down for resale homes 10.1 percent, down 15.9 percent on condos and down 35.4 percent for new homes.

 

Mission Viejo Zip Code 92691 sales prices are up 3.9 percent and the sales volume is down 22.8 percent.

Mission Viejo Zip Code 92692 sales prices are down 6.9 percent and the sales volume is down 30.0 percent.

Aliso Viejo Zip Code 92656 sales prices are up 1.7 and the sales volume is down 9.3 percent

Laguna Niguel Zip Code 92677 sales prices down 3.7 percent and the sales volume is up 1.0 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are up 3.9 percent and the sales volume down 284 percent.

San Clemente Zip Code 92672 sales prices are up 4.1 percent and the sales volume is down 8.2 percent.

San Clemente Zip Code 92673 sales prices are down 7.4 percent and the sales volume is down 24.1 percent.

 

We do not see much as a drop in the prices but big drops in the number of buyers.  We will see if that favors the buyers or the sellers throught this year.

 

 

Comments (2)

Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

May 26, 2019 10:23 PM
Raymond Denton
Mutual of Omaha - Military Home Loan Division - Irvine, CA
Veteran Friendly Lender

and the sales volume down 284 percent.

 

284%?  Wow ... hard times for RSM.

May 28, 2019 09:09 AM