New Weakness in Price Cuts for Mission Viejo Real Estate Market

Over the past 30 days, there have been fewer price cuts in the Mission Viejo market, continuing a three-week declining trend to land at 110. However, home sales were up to 120 over the same period. Prices are falling in Mission Viejo, and this period the median price of all sales fell from $655,000 to $654,825. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Mission Viejo is a seller's market.

Trying to find a home in Mission Viejo that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$799K  

Get started right now by checking out Mission Viejo homes for sale or reviewing Mission Viejo real estate trends.

Demographic facts about Mission Viejo:

  • The average age of the population is 42 years old.
  • The health cost index score in this area is 108.0. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (37.4%), 30-44 min (23.2%), 45-59 min (7.5%), >60 min (9.2%).

Data reported through 10/12/2016

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Firenze Real Estate Group
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