Berkshire Hathaway HomeServices - Your Local Market Report

Mission Viejo, CA 92692

Single-Family Homes



Mission Viejo, CA 92692

Sat May 02 2026
This week the median list price for Mission Viejo, CA 92692 is $1,170,000 with the market action index hovering around 55. This is less than last month's market action index of 56. Inventory has increased to 61. Click here to stay informed with the Mission Viejo market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Mission Viejo, CA 92692

Sat May 02 2026
This week the median list price for Mission Viejo, CA 92692 is $1,170,000 with the market action index hovering around 55. This is less than last month's market action index of 56. Inventory has increased to 61. Click here to stay informed with the Mission Viejo market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Mission Viejo market.
Median List Price $1,170,000
Median Price of New Listings $1,524,900
Per Square Foot $681
Average Days on Market 53
Median Days on Market 28
Price Decreased 30%
Price Increased 0%
Relisted 11%
Inventory 61
Median Rent
Market Action 55
Strong Seller's Market

This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,024,950 3,266 6,500 - 8,000 sqft 4 3.3 38 5 2 17
$1,299,888 1,956 4,500 - 6,500 sqft 3 2.5 39 4 2 28
$1,048,000 1,500 0 - 4,500 sqft 2 2 45 0 2 42
$944,000 1,472 0 - 4,500 sqft 2 2 49 1 1 14