Justin Tye

Mission Viejo, CA

Single-Family Homes

Active Realty I REAL



Mission Viejo, CA

Sun May 26 2024
This week the median list price for Mission Viejo, CA is $1,269,000 with the market action index hovering around 86. This is an increase over last month's market action index of 85. Inventory has increased to 53. 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

Sun May 26 2024
This week the median list price for Mission Viejo, CA is $1,269,000 with the market action index hovering around 86. This is an increase over last month's market action index of 85. Inventory has increased to 53. 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 $1,269,000
Median Price of New Listings $1,350,000
Per Square Foot $671
Average Days on Market 29
Median Days on Market 7
Price Decreased 28%
Price Increased 4%
Relisted 6%
Inventory 53
Median Rent
Market Action 86
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
$1,699,000 2,700 4,500 - 6,500 sqft 4 3 40 7 4 7
$1,350,000 1,992 8,000 - 10,000 sqft 4 3 56 5 4 7
$1,158,000 1,546 4,500 - 6,500 sqft 3 2 47 4 6 28
$909,500 1,434 0 - 4,500 sqft 2 2 46 3 3 7