Property For sale & Area Information.
Mission Viejo’s real estate market remains steady and attractive, bolstered by its master-planned layout, lakefront lifestyle, and strong community appeal. Despite rising mortgage rates, buyer demand continues—especially for single-family homes with spacious lots and homes near Lake Mission Viejo, the Golf Course, and Saddleback College.
Single-Family Homes: Median price is $1.12 million, reflecting a 5.6% year-over-year (YoY) increase.
Condominiums & Townhomes: Median price stands at $715,000, up 4.2% YoY.
Luxury Market ($1.7M+): Growing interest in lakefront homes and remodeled properties in guard-gated communities like Canyon Crest. Days on Market (DOM) averages 50–65 days.
Tight Inventory: Approximately 1.7 months of inventory—indicating an ongoing seller’s market.
DOM Trends:
Single-Family Homes: 14–22 days (especially quick for homes near parks and schools)
Condos/Townhomes: 25–35 days
Luxury Homes: 55+ days, with more negotiation in homes needing updates or priced above $2M
Price Reductions: Found on 12% of listings, often for higher-end properties or homes that lack modern upgrades.
Seller’s Market: Nearly 41% of homes are selling at or above asking, especially in desirable areas such as Mission Ridge, Pacific Hills, and Andalusia.
New Development:
Limited due to Mission Viejo’s built-out status.
Focus on infill projects, custom rebuilds, and remodeling older homes for modern tastes.
Location Premium: Homes with lake access, golf course views, or proximity to top schools can command 15–25% price premiums.
Mortgage Rates: Currently hovering around 6.75% (30-year fixed).
Affordability: A $1.1M home typically requires about $7,800/month (PITI), pushing some buyers toward more affordable condo options in the Las Palmas or Ridgemont areas.
Community Amenities: Lake Mission Viejo, multiple parks, and recreation centers make it ideal for families and retirees alike.
Top Schools: Served by Capistrano Unified School District with several highly rated elementary and high schools.
Access & Commute: Easy connections to I-5 and the 241 Toll Road for commutes to Irvine, Lake Forest, and coastal cities.
Safety & Stability: Known for its well-maintained neighborhoods, strong public services, and low crime rates.
Price Trends: Expected growth of 3.5–5% annually, supported by limited inventory and steady demand.
Inventory Forecast: Modest increases possible through resale activity, but overall supply will remain tight.
Luxury Segment: Stable, though longer market times are likely without high-end finishes or views.
Mission Viejo remains one of South Orange County’s most family-friendly and stable housing markets. With its lake lifestyle, well-kept neighborhoods, and high quality of life, demand is expected to stay strong into 2025.
Buyers: Move quickly—homes near top schools and the lake attract fast offers.
Sellers: It’s still your market—especially for homes in turnkey condition.
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22791 Tindaya Mission Viejo, California
5 Beds 5 Baths 6,020 SqFt 0.179 Acres
Listed by: Joshua Altman, DRE #01764587 from Douglas Elliman of California 310-595-3888
28072 Tefir Mission Viejo, California
5 Beds 5 Baths 3,866 SqFt 0.165 Acres
Listed by: Lynn Ren, DRE #01517653 from Allison James Estates & Homes 909-525-3318
22421 Birchcrest Mission Viejo, California
4 Beds 5 Baths 3,520 SqFt 0.149 Acres
Listed by: Ivan Moad, DRE #02054588 from Douglas Elliman of California 619-587-4826
22435 Rosebriar Mission Viejo, California
5 Beds 4 Baths 3,696 SqFt 0.138 Acres
Listed by: Dod Bateman, DRE #00687176 from Regency Real Estate Brokers 949-422-2662
22581 Summerfield Mission Viejo, California
6 Beds 4 Baths 3,713 SqFt 0.138 Acres
Listed by: Erika Schulte, DRE #01805722 from Coldwell Banker Realty erika.schulte@camoves.com
25871 Via Del Sur Mission Viejo, California
6 Beds 10 Baths 4,400 SqFt 0.173 Acres
Listed by: Marianna Estrella De Castr, DRE #02215567 from Alta Mira Realty, Inc. 949-800-6080
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