Altos Market Data for Realtors

Mission Viejo, CA 92692

Single-Family Homes

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Mission Viejo, CA 92692

Thu Oct 24 2024
This week the median list price for Mission Viejo, CA 92692 is $1,237,450 with the market action index hovering around 48. This is less than last month's market action index of 55. Inventory has increased to 68. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Mission Viejo, CA 92692

Thu Oct 24 2024
This week the median list price for Mission Viejo, CA 92692 is $1,237,450 with the market action index hovering around 48. This is less than last month's market action index of 55. Inventory has increased to 68. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Mission Viejo market.
Median List Price $1,237,450
Median Price of New Listings $1,635,000
Per Square Foot $632
Average Days on Market 45
Median Days on Market 35
Price Decreased 44%
Price Increased 4%
Relisted 9%
Inventory 68
Median Rent
Market Action 48
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,976,000 3,273 4,500 - 6,500 sqft 4 3 34 3 1 35
$1,399,000 2,289 4,500 - 6,500 sqft 4 2.5 37 2 2 42
$1,099,000 1,818 0 - 4,500 sqft 3 2 39 1 3 42
$889,000 1,472 0 - 4,500 sqft 2 2 47 1 3 21