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Market Trends Report -Mission Viejo - Feb. 6, 2012

By
Real Estate Broker/Owner with eHome Real Estate BRE# 00925320

The median list price of homes for sale in Mission Viejo, CA this week is $499,000 for the week of February 6th 2012.

Home Sales in Mission Viejo have begun exceeding new inventory. This is a Buyer’s Market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the Market moves into the Seller’s zone, we may see upward pressure on Pricing.

Read more on Mission Viejo's trend report.

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Arna Freedman specializes in loan modification assistance and short sales in Ladera Ranch California.