Mission Viejo Real Estate Report January 2013

Mission Viejo Real Estate Report

Mission Viejo Real Estate at a Glance:   Volume has been fairly consistent in Mission Viejo with a reasonable number of transactions every month. Active inventory is on the low side compared to the average number of monthly transactions for detached homes and on par with demand for attached homes making it a good time for both buyers and sellers in Mission Viejo.

South Orange County Real Estate General Economic Conditions: rates remain at historic lows increasing affordability, inventory is low throughout South Orange County Real Estate as general economic uncertainty has delayed many sellers from putting their homes on the market and volume has remained fairly consistent. With the holiday season over and improved values giving more owners positive equity we expect an increase in available inventory over the next few weeks.

Detached Homes

Current Active Inventory 56

Current Average List Price $934,565

Behind the Numbers

Average volume past 3 months 77

Average sales price past 3 months  $557,150

Prices consistent and on a general upswing for the year

Volume  staying fairly consistent

Mission Viejo real estatemission viejo real estate prices

What this means for

Buyers – buyers have to move quick to get the best options in Mission Viejo since the available inventory is about on par with the average monthly transactions. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market and find the best Mission Viejo home for you.

Sellers –  Prices have stabilized and volume remains steady and the available inventory is on par with market demand. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

 

Attached Homes

Current Active Inventory 24

Current Average List Price $414,832

Behind the Numbers

Average volume past 3 months 29

Average sales price past 3 months  $319,219

Prices  on a upswing

Volume  steady

mission att volumemission att price

What this means for

Buyers – attached Mission Viejo homes for sale inventory is lower than the average monthly volume so buyers need to move quick. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market that fits your criteria as soon as it hits the market.

Sellers – The inventory is low for the average monthly demand providing an opportunity to list your Mission Viejo real estate and get a good price and a quick transaction.  For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

  • Twitter
  • del.icio.us
  • Digg
  • Facebook
  • Technorati
  • Reddit
  • StumbleUpon
949hometeam

Providing the highest level of personal service in South Orange County Real Estate. Helping buyers and sellers in the 949 since 1999! Google

Posted in Mission Viejo Real Estate, OC real estate
Get our Google Feed
Join us on Twitter
Find us on Google+