Why Is the Temecula Real Estate Market so Fantastic?

Welcome back everyone, today we are talking about some new things going on in the Temecula Market. We put together a quick chart for you to make the information a little easier to digest. This information is for single-family homes in Temecula for May 2015, and we are comparing them to the numbers from May 2014 to see the change. Compared to last May:

• The median home price in Temecula is up 9% and now sits at $404,000

• The number of homes sold is up 30%

• The number of homes under contract is up 32%

• Inventory is down 42% and right now we only have 2 months of inventory.

If you are a buyer in Temecula, it’s a little more challenging to buy right now, but if you’re working with us, we have access to homes that aren’t even on the MLS yet. Also, if you buy a home through our team and change your mind for whatever reason after the fact, we will list it for free.

If you are a seller, we offer a guarantee sale program that says if we can’t sell your home, we will step in and buy it!

If you have any questions for us, feel free to give us a call or send us an email. We look forward to speaking with you!