Real Estate Market Update for 92692 (Mission Viejo, CA)
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Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 51% from one year earlier, and up 6% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 620-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 14%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 580-thousand dollars. The number of units sold decreased 29% year-over-year, and increased 28% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 92692 (Mission Viejo, CA)
Area Information for 92692 (Mission Viejo, CA)
  • Population: 47,271
  • Median Age: 42.66 yr
  • Median Commute Time: 24.15 mins
  • Educational Climate*: 5
  • Sales Tax: 8%
  • Population Density: 4,798/sq mi
  • Population Change Since 2000: 1.32%
  • Closest Airport: John Wayne Airport-orange County
  • Closest College: Soka University Of America
  • Closest Jr. College: Saddleback College
  • Median Household Income: $100,296
  • Annual Residential Turnover: 15.25%
  • Median Years in Residence: 3.85 yr
  • Median Home Sales Price: $461,000
  • Closest Major Sports Team: Anaheim Ducks
  • Change Avg. Household Income Since 2000: 19%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 92692 (Mission Viejo, CA)
Median Age: 42.66 Married: 41% Number of Households: 17,427 Households with Children: 6,141
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 92692 (Mission Viejo, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Reilly (philip J.) Elem/spec.ed. 0.4 mi Public PRESCHOOL-5 0 0
      Newhart Middle School 1.0 mi Public 6-8 4-5 4
      Bathgate Elementary School 2.3 mi Public K-5 4-5 5
      Marguerite Christian Pre School 2.7 mi Private PRESCHOOL-K 0 0
      Carl Hankey Middle School 3.1 mi Public 6-8 3-5 4
      Carl Hankey Elementary School 3.1 mi Public PRESCHOOL-8 3 4
      Sunflower Montessori School 4.5 mi Private PRESCHOOL-K 0 4
      Capistrano Valley High School 5.2 mi Public 9-12 4 4
      Stoneybrooke Christian Schools 5.2 mi Private PRESCHOOL-8 0 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for 92692 (Mission Viejo, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.