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December 22, 2007

Mission Viejo, CA Market Update for November 2007

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

Average October 2007 November 2007 % Change
Asking Price $733,136 $719,045 -1.9%
Sales Price $695,707 $689,287 -0.9%
% of Asking Price 95% 96% 1.0%
$/SQFT $345 $320 -7.2%
Days on Market 78 87 11.5%
Total Transactions 68 56 -17.6%

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 12/17/2007: 869 properties on the market with 466 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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