Altos Market Data for Realtors

Mission Viejo, CA 92692

Single-Family Homes

Schedule a demo today at AltosResearch.com


Mission Viejo, CA 92692

Fri Jul 26 2024
This week the median list price for Mission Viejo, CA 92692 is $1,372,500 with the market action index hovering around 71. This is less than last month's market action index of 78. Inventory has increased to 38. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Mission Viejo, CA 92692

Fri Jul 26 2024
This week the median list price for Mission Viejo, CA 92692 is $1,372,500 with the market action index hovering around 71. This is less than last month's market action index of 78. Inventory has increased to 38. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Mission Viejo market.
Median List Price $1,372,500
Median Price of New Listings $1,588,000
Per Square Foot $661
Average Days on Market 26
Median Days on Market 14
Price Decreased 32%
Price Increased 3%
Relisted 8%
Inventory 38
Median Rent
Market Action 71
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$1,898,000 3,097 6,500 - 8,000 sqft 5 3 38 2 1 7
$1,599,999 2,520 4,500 - 6,500 sqft 4 3 39 3 1 14
$1,150,000 1,715 0 - 4,500 sqft 3 2.5 43 2 1 14
$902,500 1,461 0 - 4,500 sqft 2 2 49 2 2 38