News Tip

RMV Real Estate Update

Rancho Mission Viejo’s Real Estate market continues to amaze, as incredibly few homes for sale drives home prices even higher! Coupled with considerably low interest rates, the current floods of buyers are bidding up home prices, with most properties obtaining multiple offers above asking price. In April 2021, homes in Rancho Mission Viejo sold for 101% of asking price in 4 days or less. 

Low inventory continues to be an issue in Rancho Mission Viejo, with only 10 homes for sale at the time of this article. It’s not only incredibly low for our community; it’s affecting all of Southern California. Throughout 2021 inventory will remain low, prices will continue to remain strong and I would not expect the market to slow down anytime soon. 

Because of its location, amenities and atmosphere, the pandemic has put Rancho Mission Viejo on the map of the top places to live, especially with more people working from home. This historically rare real estate market presents a unique opportunity to sell your home quickly and at top dollar. For a complimentary and confidential consultation, or a personalized valuation for your home visit or email – J.S. Davidson

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