Altos Market Data for Realtors

Mission Viejo, CA 92692

Single-Family Homes

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Mission Viejo, CA 92692

Sat Dec 03 2022
This week the median list price for Mission Viejo, CA 92692 is $995,000 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has decreased to 48. 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

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 Dec 03 2022
This week the median list price for Mission Viejo, CA 92692 is $995,000 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has decreased to 48. 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

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 $995,000
Median Price of New Listings $890,250
Per Square Foot $583
Average Days on Market 71
Median Days on Market 56
Price Decreased 50%
Price Increased 6%
Relisted 13%
Inventory 48
Median Rent
Market Action 49
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,637,000 3,011 4,500 - 6,500 sqft 5 3 30 0 1 84
$1,112,500 1,988 4,500 - 6,500 sqft 3 2.5 38 2 1 59
$929,450 1,600 0 - 4,500 sqft 3 3 40 0 3 45
$775,000 1,235 0 - 4,500 sqft 2 2 45 2 3 56