09/16/2026
Mission Viejo just crossed the line: expected market time went from 91 to 108 days, which officially makes it a buyer's market. And it's not alone.
Expected market time is how long current inventory takes to sell at the pace homes are actually going under contract. It beats "days on market" because a stale listing can be pulled and relisted to look fresh. Real contracts can't be faked.
Where buyers have leverage right now: Ladera Ranch (198 days, $2,090,000 median, 33 active), San Juan Capistrano (130 days, $2,205,000, 39 active), Dana Point (150 days, $2,715,000, 50 active), San Clemente (122 days, $2,100,000, 77 active), Laguna Niguel (188 days and improving, $1,905,500, 75 active), and Mission Viejo (108 days, $1,355,000, 97 active).
Still tightest and closest to balanced: Rancho Santa Margarita at 100 days, $1,390,000 median, 30 active. But even there, 60 percent of active listings have cut their price, up from 47 percent.
Buyers: in most of South OC you have time and negotiating room. Use it. Sellers: this market is not paying for wishful pricing. Past 60 days on the market, the price is the problem.
DM me "OC" and I'll run your exact city and street this week.
Let's make your next move, your best move.