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Mission Viejo Real Estate Market Trends

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Real Estate Broker/Owner with Mission Viejo, Foothill Ranch, Lake Forest, Ladera Ranch BRE# 01274644

Mission Viejo Real Estate Market Trends 

Mission Viejo Real Estate Market TrendsWhere is the inventory? The Mission Viejo real estate market continues to gain strength as inventory levels drop and sale prices rise.  This trend continues again in to December 2012. The number of homes for sale in Mission Viejo remains at the lowest level in over three years (dipping from a previous low of 111 homes).  As of December 3rd, 2012 there were only 98 homes in Active (For Sale) status in all of Mission Viejo.  The number of Active status homes as of  September 5th, 2012 was 146 in Mission Viejo and the number of Active status homes as of October 9th, 2012 was 111.  Persistent low inventory levels exert a strong upward pressure on sale price .The average sale price for homes sold in Mission Viejo has increased for 9 consecutive months.

Home Type # Sold January to November 2012 Average Sale Price
All Homes 1316 $453,417
Detached SFR 883 $532,599
Condominium 398 $281,118

An array of real-time market statistics for Mission Viejo is available.  Whether you plan to sell or buy in Mission Viejo in the near future I advise researching market trends often to better understand what is going on in your neighborhood or area of interest.  A well informed buyer or seller makes better real estate decisions.  All reports and statistics are updated each month, so you can check here for pricing and inventory trends frequently.  What can we sell your home for?  Determine the current market value of your home.

 

Median Price Updated Weekly 

Real Estate Market Chart by Altos Research www.altosresearch.com

 

Inventory Updated Weekly

Real Estate Market Chart by Altos Research www.altosresearch.com

 

Marketing Time Updated WeeklyReal Estate Market Chart by Altos Research www.altosresearch.com

Orange County Real Estate > Mission Viejo Real Estate > Mission Viejo Real Estate Market Trends

More Reports:
Ladera Ranch Real Estate Market Trends
Foothill Ranch Real Estate Market Trends
Laguna Hills Real Estate Market Trends

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OC Real Estate Solutions                                                            

by DAVE GUBLER| IML REAL ESTATE |  broker license #: 01274644

direct: 949 292 2763   |   office: 949 273 8923 
web: imlrealestate.com | blog: oc real estate solutions

Successes! 40 Homes Sold In The Last 12 Months: SOLD GALLERY

Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

It look like there a lot of positive trends in the Mission Viejo real estate market.  It is a great place to call home.

Aug 17, 2012 12:22 PM