Altos Market Data for Realtors

Mission Viejo, CA 92692

Single-Family Homes

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Mission Viejo, CA 92692

Sat Aug 13 2022
This week the median list price for Mission Viejo, CA 92692 is $1,199,000 with the market action index hovering around 62. This is less than last month's market action index of 73. Inventory has increased to 87. 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

Sat Aug 13 2022
This week the median list price for Mission Viejo, CA 92692 is $1,199,000 with the market action index hovering around 62. This is less than last month's market action index of 73. Inventory has increased to 87. 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 $1,199,000
Median Price of New Listings $1,224,895
Per Square Foot $584
Average Days on Market 36
Median Days on Market 28
Price Decreased 47%
Price Increased 3%
Relisted 6%
Inventory 87
Median Rent
Market Action 62
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$1,658,888 3,004 6,500 - 8,000 sqft 4 3 30 3 1 28
$1,325,000 2,321 4,500 - 6,500 sqft 4 3 36 6 4 17
$992,500 1,715 0 - 4,500 sqft 3 3 38 4 2 21
$769,500 1,425 0 - 4,500 sqft 2 2 42 3 2 21