Altos Market Data for Realtors

Mission Viejo, CA 92692

Single-Family Homes

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Mission Viejo, CA 92692

Tue Jul 16 2024
This week the median list price for Mission Viejo, CA 92692 is $1,350,000 with the market action index hovering around 75. This is less than last month's market action index of 78. Inventory has increased to 33. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Tue Jul 16 2024
This week the median list price for Mission Viejo, CA 92692 is $1,350,000 with the market action index hovering around 75. This is less than last month's market action index of 78. Inventory has increased to 33. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,350,000
Median Price of New Listings $1,509,500
Per Square Foot $684
Average Days on Market 35
Median Days on Market 21
Price Decreased 33%
Price Increased 6%
Relisted 15%
Inventory 33
Median Rent
Market Action 75
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$1,874,000 2,982 4,500 - 6,500 sqft 5 3 39 3 3 24
$1,549,999 2,070 4,500 - 6,500 sqft 4 3 42 2 4 14
$1,087,500 1,636 0 - 4,500 sqft 3 2 43 3 2 17
$874,900 1,279 0 - 4,500 sqft 2 2 50 0 3 49