Mission Viejo Home Values 3/8/2020
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 6.7 percent, new homes are down 5.7 percent and resale condos are up 19.4 percent. The sales volume is up for resale homes 40.0 percent, up 40.9 percent on condos and up 22.3 percent for new homes.
Mission Viejo Zip Code 92691 sales prices are up 17.1 percent and the sales volume is up 20.7 percent.
Mission Viejo Zip Code 92692 sales prices are down 12.8 percent and the sales volume is down 0.0 percent.
Aliso Viejo Zip Code 92656 sales prices are up 11.6 and the sales volume is down 63.9 percent
Laguna Niguel Zip Code 92677 sales prices up 4.4 percent and the sales volume is up 12.7 percent.
Rancho Santa Margarita Zip Code 92688 sales prices are down 12.5 percent and the sales volume down 39.7 percent.
San Clemente Zip Code 92672 sales prices are up 1.8 percent and the sales volume is up up 3.2 percent.
San Clemente Zip Code 92673 sales prices are up 18.4 percent and the sales volume is up 110.5 percent.
Look at the growth in San Clemente volume up 110.5 percent in one week. Mixed signals are occuring as we try to understand the Coronavirus. The demand is very high for homes but the fear is keeping some from putting their homes on the market and keep others from looking at property.