Temecula Market Update January 2013

    Temecula Market Update, January 2013:

    Happy New Year.  This is a market update for Single Family Homes in Temecula, CA.  We’re looking how the market has changed over the past 12 months.  What a difference a year makes! 

    Highlights:
    market update 2013

    Dec-11 vs. Dec-12: The number of New properties is down 32%

    Dec-11 vs. Dec-12: The number of For Sale properties is down 56%

    Dec-11 vs. Dec-12: The number of Expired properties is down 18%

    Dec-11 vs. Dec-12: The number of for sale properties is down 56% and the number of sold properties is down 3%

    Dec-11 vs. Dec-12: The average days on market is down 56%

    Dec-11 vs. Dec-12: The average months supply of inventory is down 68%

    How this affect the pricing in Temecula, CA? 

     

    Dec-11 vs. Dec-12: The median price of for sale properties is up 30% and the median price of sold properties is up 9%

     

     

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