Mission Viejo Real Estate Market Trends
Where 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
Inventory Updated Weekly
Marketing Time Updated Weekly
Orange County Real Estate > Mission Viejo Real Estate > Mission Viejo Real Estate Market Trends
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