New Weakness in Price Cuts for Mission Viejo Real Estate Market

This week in the Mission Viejo market, sales fell to 76 homes sold over the last 30 days, coinciding with a determined downward trend in price reductions, with 49 in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price remained unchanged over the latest reporting period for Mission Viejo, coming in at $650,000. Despite the slip in sales, a relatively low three months of inventory indicates that Mission Viejo is a seller's market.

Early bird gets the worm, so be sure to take a look at these new listings in Mission Viejo:

$810K   $1M   $825K  

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 percentage of the population who own their homes is 75.5%.
  • There are 23.9 students for every teacher. (15.3 = national average)

Data reported through 1/11/2017

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