Mission Viejo Home Values 6/2/2019

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

Mission Viejo Home Values 6/2/2019

 

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 0.6 percent, new homes are up 9.3 percent and resale condos are up 3.8 percent. The sales volume is down for resale homes 3.1 percent, down 11.4 percent on condos and down 25.7 percent for new homes.

 

Mission Viejo Zip Code 92691 sales prices are up 5.0 percent and the sales volume is down 28.5 percent.

Mission Viejo Zip Code 92692 sales prices are down 5.8 percent and the sales volume is down 8.2 percent.

Aliso Viejo Zip Code 92656 sales prices are up 0.3 and the sales volume is down 2.7 percent

Laguna Niguel Zip Code 92677 sales prices up 3.2 percent and the sales volume is up 10.6 percent.

Rancho Santa Margarita Zip Code 92688 sales prices are up 3.3 percent and the sales volume down 184 percent.

San Clemente Zip Code 92672 sales prices are up 15.5 percent and the sales volume is down 8.0 percent.

San Clemente Zip Code 92673 sales prices are down 9.7 percent and the sales volume is up 27.3 percent.

 

We are seeing some life in the market especially in the San Clemente 92673, and Laguna Niguel market.  This seems to indicate the market is over all flat rather that dropping like a rock.  It does depend on the smaller areas on how that affect the market.

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.

Jun 02, 2019 08:33 PM
Raymond Denton
Mutual of Omaha - Military Home Loan Division - Irvine, CA
Veteran Friendly Lender

Missed your weekly update yesterday, Tim.  It's the first Sunday, for as far back as I can remember, that you missed the weekly update.  Hope you're doing well.

Jun 10, 2019 01:04 PM