Come2Temecula – Temecula Market Overview – Jan 2013
Temecula, CA Price Trends – Sold vs. Listed
The median list price in January for single family homes in Temecula is $384,450. The list prices increased by 2.52% from the previous month.
The price per square foot for listings in this area is $196.
The median sale price in August for single family homes is $329,000. The sale prices increased by 7.86% from the previous month.
The price per square foot for sales in this area is $113.
Temecula, CA Market Inventory Trends
The number of active listings in Temecula dropped by 6.4% from the previous month.
The median number of days active properties have been listed is 81. This is significantly shorter than the national average.
The number of sales in August dropped by 92.4% from the previous month.
Temecula, CA Property Ownership
This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
Data found at RealEstate.com