Monday, April 9, 2012

Temecula, CA Home Values Are Steady

Brian Ward Appraisal.  A Temecula Home Appraiser.  Image of a Temecula, CA Home.

The median sale price changed less than 1% over the past year and when compared with 6 months ago indicating a stable property values trend. There are currently 3 months of housing inventory, indicating a balanced demand/supply trend. The typical marketing time over the past 3 months was 50 days, indicating a marketing time trend of under 3 months. 61% of all sales over the past 3 months were traditional/standard sales which is a decrease from 69% during the same period last year indicating a rise in bank/short sales.

Brian Ward Appraisal
Temecula Home Appraiser
(951) 309-2131

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