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
vista del monte N/A N/A N/A $489,000 Unknown 2 days
39100 Pauba Road 5 4 3,200 $5,800,000 $1,812 4 days
35675 De Portola Road 2 3 1,411 $3,250,000 $2,303 5 days
Parado Del Sol N/A N/A N/A $299,900 Unknown 5 days
36190 Summit Circle 4 5 3,879 $1,500,000 $386 5 days
36820 Paseo Del Traza 3 3 5,387 $1,975,000 $366 5 days
36544 Summitville St 4 5 5,538 $1,825,000 $329 7 days
40195 Chaparral Drive 4 5 4,200 $1,388,000 $330 11 days
34708 Pauba Road 4 5 4,536 $1,649,995 $363 12 days
40055 Calle Bellagio 4 3 2,505 $1,175,000 $469 20 days
40125 Camino Del Vino 11 9 7,560 $2,999,000 $396 15 days
39850 Kapalua Way 3 3 3,698 $1,795,000 $485 16 days
42498 Seawind Circle 5 4 4,944 $1,699,000 $343 16 days
41653 Lawson Circle 3 2 1,944 $659,000 $338 17 days
35410 Calle Chico 4 3 2,340 $629,000 $268 29 days
39401 Andros Street 4 3 2,778 $580,000 $208 4 days
39840 Calle De Vinedos 7 4 2,896 $749,999 $258 7 days
40700 Calle Toledo N/A N/A N/A $229,000 Unknown 24 days
41740 Camino Del Vino 4 4 2,731 $1,060,000 $388 31 days
39340 Calle Contento 5 2 2,800 $695,000 $248 11 days
Butterfield Stage N/A N/A N/A $4,813,000 Unknown 38 days
41560 Floyd Court N/A N/A N/A $459,000 Unknown 59 days
Butterfield Stage N/A N/A N/A $3,701,000 Unknown 38 days
41305 Promenade Chardonnay 4 3 2,343 $524,999 $224 34 days
38580 Rancho Christina Road 5 5 4,047 $1,299,000 $320 34 days
Average: 4.5 4.4 4,015 $1,413,375 $477 101 days
Viewing 1 - 25 of 128
Viewing 1 - 25 of 128
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
Calle Contento N/A N/A N/A $299,000 Unknown 97 days
41233 Chaparral Drive 4 3 2,585 $699,900 $270 90 days
37640 Via De Los Arboles 3 2 2,905 $799,000 $275 117 days
34752 De Portola/Black Mountain N/A N/A N/A $245,000 Unknown 175 days
Pauba Road N/A N/A N/A $249,000 Unknown 179 days
34225 Rancho California Road N/A N/A 37,609 $15,990,000 $425 392 days
LOT 1 Camino Del Vino N/A N/A N/A $1,452,000 Unknown 1497 days
Average: 3.8 3.5 9,721 $2,452,655 $392 119 days
Viewing 1 - 9 of 9
Viewing 1 - 9 of 9
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
Via Estado N/A N/A N/A $150,000 $145,000 Unknown 338 days 3/13/19
38787 Avenida La Playa 4 8 8,782 $1,350,000 $1,350,000 $153 132 days 3/8/19
39676 Granja Court 5 5 5,400 $1,100,000 $1,050,000 $194 127 days 3/8/19
40810 Camino Del Vino 3 2 2,191 $828,000 $808,000 $368 47 days 3/7/19
CALLE VISTA N/A N/A N/A $440,000 $420,000 Unknown 25 days 3/5/19
9652 Billy Joe Lane N/A N/A N/A $270,000 $125,000 Unknown 308 days 3/4/19
41759 Valencia Way 5 5 4,680 $1,652,885 $1,652,885 $353 2 days 3/1/19
Pala Rd N/A N/A N/A $199,000 $199,000 Unknown 372 days 3/1/19
33555 Orlinda Drive 4 3 3,089 $835,000 $680,000 $220 339 days 2/27/19
41766 Valencia Way 4 5 4,074 $1,593,014 $1,593,014 $391 0 days 2/22/19
41955 Knoll Vista Lane 4 5 4,074 $1,515,744 $1,515,744 $372 1 day 2/21/19
37450 Pauba Road 3 2 1,508 $2,195,000 $2,050,000 $1,359 148 days 2/20/19
39602 Calle Escalona 3 2 1,560 $450,000 $460,000 $294 35 days 1/31/19
39605 Chaparral Drive 5 4 3,497 $799,000 $775,000 $221 117 days 1/31/19
33812 Temecula Creek Road 4 3 2,823 $497,000 $490,000 $173 4 days 1/28/19
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
35635 Glenoaks Road 3 2 1,440 $485,000 $450,000 $312 36 days 1/17/19
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
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
Average: 3.9 3.5 3,358 $921,064 $881,179 $320 70 days
Viewing 1 - 25 of 40
Viewing 1 - 25 of 40

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.