Northeast Temecula Market Report

or Create your own market report

Northeast 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
Stage N/A N/A N/A $124,900 Unknown 33 days
31165 Gleneagles Dr 3 2 2,024 $515,000 $254 4 days
40334 Calle Katerine 4 3 3,036 $609,000 $200 4 days
39250 Green Meadow Road 4 3 2,640 $655,000 $248 19 days
Calle Segovia N/A N/A N/A $184,000 Unknown 21 days
18 Voyager N/A N/A N/A $175,000 Unknown 44 days
33800 Black Mountain Road 4 2 2,500 $1,015,000 $406 46 days
39540 Tischa Drive 3 3 1,471 $369,000 $250 52 days
De Portola N/A N/A N/A $349,900 Unknown 53 days
41585 Yankee Run Court 4 3 1,781 $484,900 $272 67 days
43740 Cajon Drive 3 3 2,081 $879,000 $422 105 days
2 Shaded up Court. Lot#2 N/A N/A N/A $230,000 Unknown 157 days
Newby Rd N/A N/A N/A $199,900 Unknown 202 days
3 Remuda Drive N/A N/A N/A $185,000 Unknown 193 days
40855 Calle Vecina N/A N/A N/A $180,000 Unknown 333 days
36535 Saddletree Drive N/A N/A N/A $247,500 Unknown 237 days
Black Oak N/A N/A N/A $235,000 Unknown 291 days
37370 Horsemans 3 4 3,642 $949,900 $260 319 days
33210 Crown Valley Road 4 4 2,926 $649,900 $222 327 days
Remuda Drive N/A N/A N/A $179,000 Unknown 361 days
Voyager Road N/A N/A N/A $144,900 Unknown 417 days
John Muir Trail N/A N/A N/A $299,000 Unknown 1270 days
Indian Oaks Drive N/A N/A N/A $298,000 Unknown 1295 days
46975 De Portola N/A N/A N/A $299,900 Unknown 1333 days
Average: 3.6 3.0 2,455 $394,112 $281 300 days
Viewing 1 - 24 of 24
Viewing 1 - 24 of 24
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
42535 Escolacata Drive 3 2 1,617 $425,000 $262 12 days
39150 Calle Portillo 3 2 1,872 $439,000 $234 84 days
33095 Newby Road 6 6 4,112 $800,000 $194 203 days
Average: 4.0 3.3 2,533 $554,666 $230 99 days
Viewing 1 - 3 of 3
Viewing 1 - 3 of 3
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
39564 Tischa Drive 3 3 1,471 $364,900 $362,000 $246 80 days 3/1/19
30082 Laurel Creek Drive 3 3 1,692 $380,000 $385,000 $227 3 days 2/27/19
38798 Green Meadow Road 3 2 2,308 $550,000 $468,000 $202 108 days 2/21/19
42065 Veneto Drive 4 3 1,985 $375,000 $372,000 $187 39 days 1/9/19
2 Stage Road N/A N/A N/A $79,000 $68,000 Unknown 280 days 11/20/18
40176 Annapolis Drive 3 3 1,936 $435,000 $426,000 $220 84 days 11/14/18
67 Stage N/A N/A N/A $115,000 $105,000 Unknown 63 days 10/31/18
37670 Remuda Drive 3 2 1,440 $479,000 $470,000 $326 57 days 9/21/18
37765 Quarter Valley Road 4 2 2,640 $425,000 $410,000 $155 42 days 9/19/18
Average: 3.3 2.6 1,924 $355,877 $340,666 $223 59 days
Viewing 1 - 9 of 9
Viewing 1 - 9 of 9

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.