South Temecula Market Report

or Create your own market report

 South Temecula Market Report

Temecula has been twice 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. 

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.

Award-winning schools within the Temecula Valley Unified School District such as Great Oak High School offer many programs to assist students as well as a career-technology program designed to prepare students for direct entry to the workplace. The staff is comprised of a group of highly qualified, idealistic educators who are taking advantage of the opportunity to try some new methods of assessment and instruction.

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
45190 Saint Tisbury Street 4 3 3,545 $749,000 $211 1 day
45627 Basswood Court 5 3 3,210 $585,000 $182 2 days
31377 Strawberry Tree Ln 3 3 1,807 $455,000 $251 2 days
45635 Hawk Court 4 3 2,628 $470,000 $178 2 days
30512 Milky Way Drive 3 2 1,138 $379,900 $333 2 days
30512 Milky Way Drive 3 2 1,138 $379,900 $333 2 days
31259 David Lane 1 1 864 $250,000 $289 4 days
45932 Parsippany Court 4 2 1,613 $409,900 $254 4 days
33711 Spring Brook Circle 4 2 2,563 $569,900 $222 5 days
34015 Baystone Street 4 4 3,009 $639,900 $212 5 days
32981 Sotelo Drive 5 3 2,644 $519,900 $196 5 days
44517 La Paz Road 2 2 1,044 $244,900 $234 5 days
45527 Hawk Court 3 4 2,847 $494,000 $173 6 days
45981 Camino Rubi 4 4 3,032 $579,500 $191 7 days
46326 Cask Lane 3 3 2,282 $539,999 $236 6 days
33192 Kennedy Court 3 3 2,579 $475,000 $184 7 days
46080 Rocky Trail Lane Unit #4 3 3 1,753 $412,900 $235 7 days
32795 Valentino Way 4 4 3,300 $565,000 $171 9 days
45276 Amberleaf Way 5 5 3,750 $759,500 $202 7 days
31949 Penguin Pl 4 4 2,847 $549,000 $192 10 days
32308 Fireside Drive 5 5 4,519 $649,900 $143 8 days
44436 Kingston Drive 6 4 4,115 $530,000 $128 9 days
43032 Calle Ventura 4 5 4,001 $899,000 $224 10 days
32163 Via Benabarre 4 3 2,450 $475,000 $193 13 days
42251 Harwick Lane 5 3 3,071 $595,000 $193 12 days
Average: 3.9 3.2 2,643 $532,939 $206 90 days
Viewing 1 - 25 of 124
Viewing 1 - 25 of 124
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
31954 Calle Ballentine 3 3 1,664 $420,000 $252 9 days
44509 Penbrook Lane 4 3 3,717 $479,000 $128 157 days
45597 Jaguar Way 4 4 3,130 $505,000 $161 8 days
31764 GREEN OAK Way Unit #32 4 3 2,156 $416,000 $192 17 days
32443 Guevara Drive 3 2 1,430 $398,500 $278 64 days
42352 Masquaz Court 4 3 1,529 $365,000 $238 46 days
31981 Woodside Court 4 4 3,071 $590,000 $192 57 days
46013 Logger Trail 4 3 2,968 $534,999 $180 45 days
34020 Summit View Place 4 3 3,371 $489,900 $145 50 days
33304 Barrington Drive 7 4 3,957 $718,000 $181 62 days
44689 Calle Hilario 4 2 1,687 $435,000 $257 75 days
33167 Embassy Avenue 5 4 3,522 $587,000 $166 67 days
46173 Drymen Avenue 4 3 3,360 $539,000 $160 72 days
44987 Bellflower Lane 3 3 1,586 $348,000 $219 93 days
33243 Camino Piedra Rojo 3 2 1,457 $419,900 $288 111 days
45109 Stoney Hill Drive 5 4 3,957 $665,000 $168 111 days
32214 Camino Guarda 3 3 2,450 $508,000 $207 103 days
45768 Corte Lobos 5 3 2,650 $445,000 $167 168 days
44921 Camino Alamosa 3 2 1,237 $382,000 $308 154 days
47615 Rainbow Glen Road N/A N/A N/A $269,000 Unknown 334 days
Average: 4.0 3.1 2,573 $475,714 $205 77 days
Viewing 1 - 20 of 20
Viewing 1 - 20 of 20
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
33487 Winston Way Unit #A 2 2 1,532 $355,000 $355,000 $231 4 days 1/22/19
34099 Arietta Street 5 5 4,545 $1,250,000 $1,185,000 $260 24 days 1/22/19
32225 Corte Sabrinas 4 3 2,576 $525,000 $510,000 $197 182 days 1/22/19
45431 Callesito Altar 5 4 3,319 $658,000 $650,000 $195 9 days 1/18/19
31034 Strawberry Tree Lane 3 3 1,411 $339,900 $345,000 $244 21 days 1/17/19
45317 Quail Crest Drive 4 3 2,993 $499,000 $495,000 $165 11 days 1/16/19
32892 Tulley Ranch Road 3 2 1,315 $379,000 $372,000 $282 53 days 1/16/19
32845 Caserta Drive 3 2 1,148 $375,000 $371,500 $323 12 days 1/15/19
33084 Tulley Ranch Road 3 2 1,315 $375,000 $378,000 $287 12 days 1/14/19
44800 Marzi Court 4 3 1,798 $429,900 $400,000 $222 58 days 1/14/19
44694 Via Lucido 3 3 1,488 $399,000 $404,000 $271 17 days 1/11/19
31244 Taylor Lane 2 2 1,101 $264,900 $270,000 $245 41 days 1/11/19
31228 Taylor Lane 2 2 1,101 $279,000 $279,000 $253 121 days 1/11/19
44958 Poppy Ridge Drive Unit #45 3 3 1,586 $360,000 $355,000 $223 45 days 1/10/19
33660 Sattui Street 5 5 3,401 $538,000 $538,000 $158 15 days 1/9/19
43385 Corte Barbaste 3 2 1,360 $399,000 $397,500 $292 45 days 1/9/19
32773 Pine Circle 5 4 4,000 $749,000 $720,000 $180 34 days 1/8/19
44793 Camino Alamosa 4 3 1,659 $449,000 $435,000 $262 66 days 1/8/19
44647 Corte Capistrano 3 2 1,330 $424,900 $423,000 $318 13 days 1/7/19
44728 Corte Valencia 4 3 2,761 $544,900 $535,000 $193 24 days 1/7/19
45870 Corte Orizaba 5 3 3,078 $569,900 $569,900 $185 13 days 1/7/19
44426 Dorchester Drive 4 3 3,717 $519,000 $460,000 $123 128 days 1/7/19
43540 Corte Logrono 4 3 1,395 $375,000 $380,000 $272 7 days 1/4/19
44789 Mumm Street 3 3 2,902 $570,000 $558,000 $192 25 days 1/4/19
44546 Cayenne Trail 3 3 1,480 $389,900 $387,000 $261 134 days 1/4/19
Average: 3.7 3.0 2,359 $487,655 $482,010 $217 42 days
Viewing 1 - 25 of 314
Viewing 1 - 25 of 314

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.