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October 14, 2007

Mission Viejo, CA Market Update for September 2007

Here are the latest real estate market statistics for Mission Viejo, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 53.6%*

Average August 2007 September 2007 % Change
Asking Price $789,169 $715,476 -9.3%
Sales Price $760,262 $690,909 -9.1%
% of Asking Price 96% 97% 1.0%
$/SQFT $355 $341 -3.9%
Days on Market 74 75 1.4%
Total Transactions 121 79 -34.7%

Search for homes in Mission Viejo, CA and read a neighborhood overview of the Mission Viejo, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 10/9/2007: 1,005 properties on the market with 539 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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