Corona del Mar Home Values 5/25/2019

Corona del Mar Home Values 5/25/2019

This weeks report on home values for Corona del Mar and surrounding areas homes is prepared by a Corona del Mar Realtor Michael Van Ruth. 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.

Corona del Mar Zip Code 92625 sales prices are down 12.7 percent and the sales volume is down 13.6 percent.

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.