The residential property value in Mission climbed from ~$962K in 2022 to ~$1M in 2023, ↑ 9%. Mission home values ↑ from $338K in 2013 to $604K in 2018, more than doubling in 10-yr and rising by ~$400K in the past 5-yr. The 2023 increase for condos and townhouses in Mission was 15%, commercial properties 20%, and industrial properties 35%. The 9% yearly increase in 2023 is ↓ from the 36% increase last year.
Market Update