Altos Market Data for Realtors

Mission Viejo, CA 92692

Single-Family Homes

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Mission Viejo, CA 92692

Thu Sep 21 2023
This week the median list price for Mission Viejo, CA 92692 is $1,219,950 with the market action index hovering around 69. This is about the same as last month's market action index of 69. Inventory has increased to 32. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Mission Viejo, CA 92692

Thu Sep 21 2023
This week the median list price for Mission Viejo, CA 92692 is $1,219,950 with the market action index hovering around 69. This is about the same as last month's market action index of 69. Inventory has increased to 32. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Mission Viejo market.
Median List Price $1,219,950
Median Price of New Listings $1,032,000
Per Square Foot $625
Average Days on Market 33
Median Days on Market 14
Price Decreased 28%
Price Increased 3%
Relisted 6%
Inventory 32
Median Rent
Market Action 69
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
$1,799,000 3,465 4,500 - 6,500 sqft 4 3 29 1 2 28
$1,370,000 2,365 4,500 - 6,500 sqft 4 3 32 1 2 31
$1,037,500 1,488 4,500 - 6,500 sqft 3 2 46 4 4 3
$824,000 1,255 0 - 4,500 sqft 2 2 46 2 2 17