Temecula Wine Country Market Report

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Temecula Wine Country 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
40885 Via Champagne 4 3 4,040 $1,125,000 $278 2 days
Green Meadow Road N/A N/A N/A $200,000 Unknown 4 days
Finn Circle N/A N/A N/A $449,900 Unknown 5 days
34410 Calac Road 2 2 1,500 $620,999 $413 15 days
41425 Via Del Toronjo N/A N/A N/A $274,500 Unknown 9 days
41455 Via Del Toronjo N/A N/A N/A $264,500 Unknown 9 days
36350 Calle Poco 4 4 3,500 $825,000 $235 15 days
37342 Mesa Road 3 2 2,172 $749,000 $344 19 days
38525 Maiz Lane 3 3 2,396 $1,059,000 $441 22 days
Galway Downs N/A N/A 900 $1,999,000 $2,221 24 days
42887 Lindsay Circle 5 4 3,781 $1,132,000 $299 27 days
39025 E Benton Road 4 5 3,500 $1,250,000 $357 32 days
41575 Arroyo Vista Drive 3 2 1,152 $490,000 $425 35 days
40810 Camino Del Vino 3 2 2,191 $828,000 $377 33 days
38580 Rancho Christina Road 5 5 4,047 $1,299,000 $320 33 days
35205 Calle Nopal 3 2 1,800 $649,900 $361 40 days
34415 Pauba Road 3 2 2,112 $629,000 $297 40 days
Calle Contento N/A N/A N/A $299,000 Unknown 43 days
33812 Temecula Creek Road 4 3 2,823 $497,000 $176 4 days
35675 De Portola Road 2 3 1,411 $3,250,000 $2,303 50 days
Anza Road N/A N/A N/A $2,500,000 Unknown 56 days
Dianna Court N/A N/A N/A $399,000 Unknown 53 days
36544 Summitville Street 4 4 5,538 $1,880,000 $339 58 days
41305 Promenade Chardonnay 4 3 2,343 $524,999 $224 68 days
41740 Camino Del Vino 4 4 2,731 $1,099,000 $402 70 days
Average: 4.4 4.3 4,351 $1,326,678 $471 95 days
Viewing 1 - 25 of 129
Viewing 1 - 25 of 129
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
36750 Glenoaks Road 3 3 1,344 $850,000 $632 0 days
41135 Corte Catalunya 5 6 4,162 $1,490,000 $358 0 days
39602 Calle Escalona 3 2 1,560 $450,000 $288 35 days
Pauba Road N/A N/A N/A $249,000 Unknown 125 days
37450 Pauba Road 3 2 1,508 $2,195,000 $1,455 148 days
39605 Chaparral Drive 5 4 3,497 $799,000 $228 117 days
40750 Parado Del Sol Drive 5 5 4,666 $1,595,000 $341 83 days
LOT 1 Camino Del Vino N/A N/A N/A $1,452,000 Unknown 1443 days
Average: 4.0 3.7 2,789 $1,135,000 $550 63 days
Viewing 1 - 8 of 8
Viewing 1 - 8 of 8
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
39650 Green Meadow Road 3 2 2,208 $699,900 $689,900 $312 54 days 1/18/19
39647 Patagonia Court 5 3 4,895 $1,050,000 $1,050,000 $214 111 days 1/18/19
38025 Camino Sierra Road 5 4 3,531 $1,045,000 $999,999 $283 88 days 1/11/19
39419 La Vista Place 2 2 1,273 $565,000 $550,000 $432 82 days 1/11/19
41175 Lomar Circle N/A N/A N/A $460,000 $420,000 Unknown 158 days 1/3/19
35635 Glenoaks Road 3 2 1,440 $485,000 $450,000 $312 36 days 12/31/18
35975 Glenoaks Road 4 2 2,430 $555,000 $540,000 $222 57 days 12/28/18
41937 Knoll Vista Lane 5 5 4,680 $1,522,654 $1,522,654 $325 0 days 12/21/18
38740 Via Del Oso 3 2 1,701 $575,000 $560,000 $329 17 days 12/11/18
34150 Pauba Road 4 4 3,535 $925,000 $900,000 $254 6 days 11/26/18
35051 Calle La Coca 5 3 3,696 $730,000 $620,000 $167 244 days 11/26/18
37555 De Portola Road 4 2 2,600 $1,550,000 $1,325,000 $509 105 days 11/7/18
41665 Valencia Way 3 2 2,640 $755,000 $750,000 $284 18 days 10/31/18
30350 Santa Cecilia Drive 3 2 1,132 $399,999 $385,000 $340 59 days 10/31/18
38135 Via Estado 3 2 2,217 $590,000 $545,000 $245 35 days 10/29/18
36855 Mesa Road 2 2 1,478 $595,000 $605,000 $409 9 days 10/25/18
34222 Pauba Road 4 4 4,092 $1,075,000 $1,066,000 $260 139 days 10/22/18
36195 Travis Court 3 3 2,780 $870,000 $800,000 $287 32 days 10/19/18
38225 Camino Sierra Road 4 5 5,049 $898,000 $891,000 $176 134 days 10/11/18
33878 Linda Rosea Road 5 5 5,076 $1,699,000 $1,500,000 $295 30 days 10/5/18
41821 Calle Cabrillo 6 6 5,303 $1,800,000 $1,750,000 $330 65 days 10/1/18
39720 Bella Vista Road 3 4 3,391 $750,000 $765,000 $225 9 days 9/28/18
41272 Chaparral Drive 3 2 2,316 $798,500 $750,000 $323 75 days 9/27/18
41540 Avenida Rancho 5 6 3,728 $979,900 $953,999 $255 35 days 9/18/18
36370 Fino Vista Lane 3 3 2,020 $839,900 $839,900 $415 32 days 9/13/18
Average: 3.9 3.4 3,198 $913,031 $873,838 $299 63 days
Viewing 1 - 25 of 41
Viewing 1 - 25 of 41

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.