Temecula Market Update, January 2013.
Happy New Year!Â It's amazing how the market has changed during the past year.Â Here are some short stats for single family homes here in Temecula and how it affected the pricing.Â
The inventory is down by 68% over the past 12 months.Â
Some more observations:
- The number of homes for sale - down 56%
- The average days on the market - down 56%
- The number of new homes - down 32%
Now, how has this dramatic change affected the pricing for Listed and Sold price?
Prices for Listed Homes - up 30%!
Prices for Median Sold Prices - up 8%
Click below to see all the details with chartswww.come2temecula.com/temecula-market-update-january-2013.html
If you're looking to find out what your home is worth in this market, we have a special tool which is FREE and will provide you with your home's value, price trends, what neighbors homes recently sold for, plus more.Â www.TemeculaMarketValues.com
Looking to pick up an investment home or home at a discount?Â Here's a complete list of ALL Temecula Foreclosures.Â www.TemeculaForeclosures.com