Central North Temecula Market Report

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Temecula Market Report

Temecula has twice been named "The Best City in Riverside County to live in" by The Press-Enterprise. Tax revenues generated by the many shopping opportunities have allowed the city to provide a solid infrastructure, low crime rate, fairly clean air, and an abundance of cultural and recreational programs for residents. 

Just south of central Temecula, the Pechanga Tribe of American Indians operate the Pechanga Resort and Entertainment Center where visitors can enjoy gaming, boxing, or concerts.

Market Trends  July saw 53 Property sales, down -14.5% from 62 in July of 2017 and -15.9% lower than the 63 sales in June 2018.  July YTD sales of 357 are -13.8% behind last year's ytd sales totaling 414.

The Median Sales Price in July was $490,000, up 2.6% from $477,500 in July of 2017 and down -1.0% from $495,000 in June.

The Average Sales Price in July was $511,204, up 3.6% from $493,671 in July of 2017 and down -0.1% from $511,827 last month.

The DOM for July was 22, down -26.7% from 30 days last month and down -21.4% from 28 days in July of last year. The July 2018 DOM was at its lowest level compared with July of 2017 and 2016.

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The July 2018 Selling Price per Square Foot of $223 was up 8.3% from $206 last month and up 10.9% from $201 in July of last year.  

The number of New Listings in July 2018 was 87, down -11.2% from 98 last month and up 31.8% from 66 in July of last year. 

 

 

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
43700 Alcoba Drive 4 2 2,005 $489,900 $244 3 days
33350 Wolfe Street 5 5 6,114 $1,848,888 $302 4 days
32115 Calle Ballentine 3 3 1,664 $399,000 $239 3 days
31250 Corte Alhambra 3 2 1,533 $434,900 $283 7 days
32021 Calle Caballos 5 4 3,842 $600,000 $156 4 days
32434 GALATINA Street 3 3 1,790 $429,000 $239 5 days
33342 Fox Road 5 4 3,948 $719,900 $182 5 days
41455 Via Del Monte 5 6 6,909 $1,695,000 $245 5 days
42388 Corte Villosa 4 3 1,913 $469,900 $245 5 days
39640 Oak Cliff Drive 4 3 1,458 $395,000 $270 14 days
42140 Lyndie Lane Unit #26 2 2 1,040 $259,900 $249 7 days
42994 CALLE CRISTAL 2 2 1,128 $325,000 $288 7 days
32607 Miller Court 4 3 2,224 $487,900 $219 9 days
41770 Monterey Place 3 2 2,237 $474,900 $212 10 days
43034 Via Jumilla 3 2 1,594 $425,000 $266 10 days
43095 Corte Salamanca 3 2 1,300 $415,000 $319 10 days
43061 Calle Ventura 5 4 3,975 $889,000 $223 10 days
31375 Britton Circle 4 3 3,084 $529,900 $171 5 days
43466 Manzano Drive 4 3 4,333 $1,395,000 $321 13 days
28337 Corte Ocaso 5 3 3,086 $559,000 $181 11 days
42096 Vandamere Court 4 2 2,624 $519,900 $198 12 days
43600 San Fermin 6 6 4,618 $1,350,000 $292 12 days
33484 Corte Figueroa 4 3 2,467 $499,000 $202 15 days
31880 Via Tafalla 3 2 1,439 $399,900 $277 17 days
32622 Campo Drive 4 3 2,708 $520,000 $192 17 days
Average: 4.0 3.1 2,638 $607,503 $237 77 days
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Viewing 1 - 25 of 123
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
30048 Via Velez Place 3 2 1,526 $409,000 $268 2 days
31905 Corte Mendoza 5 3 2,387 $485,000 $203 2 days
42927 Cinnamon Lane 4 3 2,596 $509,000 $196 17 days
42961 Avenida Amistad 2 2 1,128 $333,000 $295 6 days
31978 Corte Cardoza 5 4 2,630 $524,900 $199 17 days
30333 Via Brisa 4 4 3,182 $835,000 $262 0 days
39741 Rustic Glen Drive 2 2 904 $335,000 $370 9 days
27727 Tierra Vista Road 2 3 1,183 $284,850 $240 3 days
33235 Fox Road 4 3 2,569 $500,000 $194 28 days
31880 Corte Algete 3 3 1,307 $420,000 $321 19 days
43153 Bassano Drive 3 2 1,339 $409,900 $306 23 days
32505 Guadagno Drive 4 3 3,213 $675,000 $210 29 days
43184 Corte Montilla 4 3 1,956 $429,000 $219 15 days
31142 Camino Del Este 3 2 972 $250,000 $257 20 days
42251 Harwick Lane 5 3 3,071 $595,000 $193 29 days
31353 Corte Tunas 4 3 2,622 $419,900 $160 5 days
32000 Corte Cardin 4 3 1,525 $429,000 $281 32 days
41403 Calle Tajo 3 2 1,235 $350,000 $283 0 days
43014 Brighton Ridge Lane 5 5 4,900 $1,245,000 $254 36 days
41735 Brandeis Court 5 4 3,363 $635,000 $188 31 days
30002 Jon Christian Place 3 2 1,582 $379,900 $240 66 days
42934 Corte Abanilla 4 2 1,950 $539,900 $276 72 days
40545 Calle Fiesta 6 4 3,700 $769,900 $208 101 days
32058 Corte La Puenta 3 3 2,000 $445,000 $222 162 days
42683 Indigo Pl,Temecula 3 3 1,974 $416,000 $210 131 days
Average: 3.7 2.9 2,144 $495,255 $242 44 days
Viewing 1 - 25 of 28
Viewing 1 - 25 of 28
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
32376 Corte Coronado 4 3 2,526 $519,000 $510,000 $201 10 days 3/15/19
43094 Corte Cabrera 3 2 1,220 $380,000 $378,500 $310 43 days 3/14/19
42209 Camino Romo 3 2 1,558 $418,000 $413,000 $265 113 days 3/14/19
43031 Greene Circle 4 3 2,224 $499,999 $510,000 $229 6 days 3/13/19
28299 TIERRA VISTA Road 3 3 2,130 $435,000 $440,000 $206 16 days 3/13/19
31433 Corte Madera 3 2 1,514 $405,000 $405,000 $267 7 days 3/8/19
39656 June Court 2 2 1,077 $339,900 $339,500 $315 32 days 3/8/19
32097 Corte Florecita 4 3 2,526 $503,000 $496,000 $196 34 days 3/7/19
31876 Calle Luz 3 3 1,512 $394,900 $391,000 $258 36 days 3/6/19
32085 Camino Rabago 5 4 3,842 $659,000 $625,000 $162 87 days 3/5/19
32684 Guevara Drive 4 3 1,536 $419,900 $415,000 $270 7 days 3/4/19
43022 Avenida Amistad 2 2 1,128 $324,900 $324,900 $288 11 days 3/4/19
30865 Lolita Road 5 6 4,724 $1,699,900 $1,650,000 $349 31 days 3/4/19
31489 Corte Pacheco 3 3 1,964 $479,900 $479,900 $244 65 days 3/4/19
29582 Corte Copa 4 3 2,391 $424,900 $428,000 $179 178 days 3/4/19
42526 Escolacata Drive 3 2 1,469 $432,900 $427,000 $290 6 days 2/28/19
31950 Calle Galarza 4 3 2,822 $485,000 $485,000 $171 142 days 2/28/19
30787 De Portola Road 4 3 2,800 $910,000 $875,000 $312 1 day 2/27/19
43384 Via Candeleda 4 2 1,950 $419,900 $425,000 $217 58 days 2/25/19
29755 Vallejo Avenue N/A N/A N/A $499,900 $485,000 Unknown 15 days 2/22/19
33314 Via Alvaro 3 2 1,636 $415,000 $415,000 $253 115 days 2/22/19
42540 Escolacata Drive 4 2 1,848 $449,000 $440,000 $238 98 days 2/22/19
28915 E Vallejo Avenue 5 4 3,500 $977,000 $930,000 $265 63 days 2/21/19
32563 Lama Court 4 3 2,595 $494,900 $485,000 $186 5 days 2/20/19
31956 Calle Caballos 5 4 3,842 $619,990 $619,990 $161 25 days 2/20/19
Average: 3.7 2.8 2,229 $507,105 $497,578 $230 50 days
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Viewing 1 - 25 of 179

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.