Aliso Viejo Housing Market Report – May 2026
Here's a look at how the Aliso Viejo, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 33
- Median Sale Price: $880,000
- Average Sale Price: $1,010,498
- Average Price Per Sq Ft: $686
- Average Days on Market: 54
- Sale-to-List Price Ratio: 99.9%
Month-Over-Month Trends
Compared to April, the median sale price in Aliso Viejo moved 1.8% down (from $896,000 to $880,000). The number of homes sold was 13.2% down compared to the prior month (38 vs. 33). Average days on market shifted 25.6% up (43 days to 54 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 4.3% down (from $920,000 to $880,000). Sales volume is 32.0% up year-over-year.
What This Means
Aliso Viejo's housing market is showing signs of cooling as we head into summer. While homes are still selling quickly at nearly full asking price—a healthy 99.9% sale-to-list ratio—the median price has dipped 4.3% year-over-year to $880,000, suggesting buyers have gained some negotiating leverage. More tellingly, homes are lingering on the market about two weeks longer than a year ago, taking an average of 54 days to sell compared to prior months' pace. This slowdown could reflect broader Orange County trends, where higher interest rates and record home prices continue to push buyers to the sidelines.
The month-over-month data reveals a market catching its breath after spring activity. Sales volume dropped 13% and inventory crept up to 90 active listings, indicating supply is finally growing. The uptick in days on market, though modest, is meaningful in a typically faster-moving coastal market. Condos dominate the current inventory, which may explain why the median price remains relatively stable despite softer volume. For buyers, the extended market time means more negotiating room, while sellers should expect to be patient. This appears to be a natural seasonal transition rather than a crisis, but the modest price declines suggest Aliso Viejo is gradually shifting from a seller's to a more balanced market.
Aliso Viejo Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92656 | 33 | $880,000 | $686 | 54 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| CONDOS | 17 | $818,000 | $663 |
| SINGLE_FAMILY | 12 | $1,395,000 | $736 |
| CONDO | 2 | $664,500 | $595 |
| TOWNHOMES | 2 | $832,250 | $668 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $400K - $499K | 1 |
| $500K - $749K | 11 |
| $750K+ | 21 |
Current Active Listings
As of this report, there are 90 active listings in Aliso Viejo with a median asking price of $869,450 and an average of 38 days on market.
Thinking About Selling Your Aliso Viejo Home?
If you're a homeowner in Aliso Viejo considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Aliso Viejo and throughout Orange County — get a no-obligation cash offer today.