Pango Group

Mission Viejo, CA 92692

Condos/Townhomes

www.pangogroup.com


Mission Viejo, CA 92692

Tue May 27 2025
This week the median list price for Mission Viejo, CA 92692 is $869,900 with the market action index hovering around 49. This is less than last month's market action index of 52. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 May 27 2025
This week the median list price for Mission Viejo, CA 92692 is $869,900 with the market action index hovering around 49. This is less than last month's market action index of 52. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $869,900
Median Price of New Listings $867,500
Per Square Foot $621
Average Days on Market 60
Median Days on Market 56
Price Decreased 52%
Price Increased 0%
Relisted 12%
Inventory 33
Median Rent
Market Action 49
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$1,024,000 1,804 5 - 10 acres 3 2.3 37 2 0 45
$919,894 1,444 5 - 10 acres 2 2 46 1 0 70
$832,000 1,321 5 - 10 acres 2 2 35 2 1 38
$710,000 1,040 10 - 20 acres 2 2 38 1 2 42