Corona del Mar Home Values 3/8/2020

By
Real Estate Agent with Elite Home Sales Team OC BRE# 02066030

 

 

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 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.

 

Corona del Mar Zip Code 92625 sales prices are down 34.0 percent and the sales volume is up 61.5 percent

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

Comments (4)

Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Mar 08, 2020 09:11 AM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Markets are constantly changing so these timely reports are crucial in the decision-making process. Thanks!

Mar 09, 2020 04:59 PM
The Woodland Companies of Alaska
Woodland Management Service - Wasilla, AK
Alaska Forest Land Experts!

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

Tracy

 

Mar 09, 2020 07:16 PM