Altos Market Data for Realtors

Mission Viejo, CA 92692

Single-Family Homes

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Mission Viejo, CA 92692

Wed Oct 04 2023
This week the median list price for Mission Viejo, CA 92692 is $1,299,900 with the market action index hovering around 71. This is an increase over last month's market action index of 70. Inventory has decreased to 29. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Mission Viejo, CA 92692

Wed Oct 04 2023
This week the median list price for Mission Viejo, CA 92692 is $1,299,900 with the market action index hovering around 71. This is an increase over last month's market action index of 70. Inventory has decreased to 29. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Mission Viejo market.
Median List Price $1,299,900
Median Price of New Listings $1,052,250
Per Square Foot $584
Average Days on Market 38
Median Days on Market 21
Price Decreased 38%
Price Increased 3%
Relisted 7%
Inventory 29
Median Rent
Market Action 71
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,899,900 3,559 4,500 - 6,500 sqft 4 4 30 1 0 42
$1,355,000 2,473 4,500 - 6,500 sqft 4 3 29 1 3 21
$1,200,000 1,546 0 - 4,500 sqft 3 2 46 4 3 28
$791,000 1,220 0 - 4,500 sqft 2 2 47 2 1 17