The Aaronson Group's Market Report

Mission Viejo, CA

Single-Family Homes

info@previewochomes.com | www.Previewochomes.com | 949-388-5194



Mission Viejo, CA

Thu Dec 01 2022
This week the median list price for Mission Viejo, CA is $1,099,000 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has decreased to 99. 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

Thu Dec 01 2022
This week the median list price for Mission Viejo, CA is $1,099,000 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has decreased to 99. 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 $1,099,000
Median Price of New Listings $1,019,999
Per Square Foot $575
Average Days on Market 61
Median Days on Market 49
Price Decreased 52%
Price Increased 5%
Relisted 12%
Inventory 99
Median Rent
Market Action 50
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,529,000 2,590 6,500 - 8,000 sqft 5 3 43 2 10 52
$1,200,000 2,106 6,500 - 8,000 sqft 4 3 49 3 5 56
$999,000 1,594 4,500 - 6,500 sqft 3 2 46 3 2 56
$839,000 1,431 0 - 4,500 sqft 2 2 45 3 4 49