TheOrange County Real Estate Report provides news, trends, demographics and other local information for the buyers and sellers of residential real estate. Updated monthly.

Orange County Real Estate California

February 2008

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Annual Real Estate Market Trends

Orange County real estate: average and median home price trend charts.

 

Mission Viejo

The tables below show the annual average price, median price and units sold for both single-family homes and condos/townhomes in Mission Viejo.

The Annual Trends menu to the left will take you to similar pages for the other cities we cover in Orange County.

Mission Viejo
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold Average Median Sold
1998 $290,138 $266,000 1,620      
1999 $317,779 $291,000 1,463 9.5% 9.4% -9.7%
2000 $346,799 $322,750 1,373 9.1% 10.9% -6.2%
2001 $386,198 $355,000 1,389 11.4% 10.0% 1.2%
2002 $444,644 $415,000 1,646 15.1% 16.9% 18.5%
2003 $533,055 $497,000 1,771 19.9% 19.8% 7.6%
2004 $816,301 $670,000 1,700 53.1% 34.8% -4.0%
2005 $767,301 $718,500 1,688 -6.0% 7.2% -0.7%
2006 $850,469 $765,000 1,218 10.8% 6.5% -27.8%
2007 $743,364 $675,000 714 -12.6% -11.8% -41.4%

Mission Viejo
(Condos/Townhomes)
  Prices Other Percent Change
Average Median Sold Average Median Sold
1998 $164,632 $160,000 577      
1999 $169,887 $168,450 662 3.2% 5.3% 14.7%
2000 $190,167 $186,000 625 11.9% 10.4% -5.6%
2001 $221,834 $224,900 675 16.7% 20.9% 8.0%
2002 $259,589 $259,950 692 17.0% 15.6% 2.5%
2003 $321,465 $329,000 796 23.8% 26.6% 15.0%
2004 $470,826 $440,000 823 46.5% 33.7% 3.4%
2005 $480,437 $482,900 937 2.0% 9.7% 13.9%
2006 $505,730 $504,000 615 5.3% 4.4% -34.4%
2007 $459,797 $455,000 297 -9.1% -9.7% -51.7%

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Are you ready to buy or sell Mission Viejo real estate? Then fill out either the buying or selling form, whichever is appropriate, and submit it. Don will contact you.

 

Orange County real estate trends and city demographics.

Don Cavanaugh, REALTOR®
Coldwell Banker
27742 Vista Del Lago, #1

Mission Viejo, CA  92692
Cell: (949) 939-2854
E-mail: sales@OrangeCoastRealEstate.com
http://www.DonCavanaugh.com

California Department of Real Estate License
#01339479

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