Sunday, January 11, 2015

Temecula, CA 92592 Home Value Trends as of January 2015

Temecula, CA 92592 primarily contains single family residences, parks, and schools.  Most properties are maintained in average to good condition and property quality generally also ranges from average to good.  Most properties range in living area size from 1,070 Sqft to 6,114 Sqft, have 2-6 bedrooms (4 average) and 2-6 bathrooms (3 average).  Public and private services, conveniences, and employment are typical of population centers throughout the county.

The median sale price changed less than 2% over the past year indicating stable property values.  There are currently 2.7 months of inventory, indicating a balanced housing demand/supply trend.  The typical market exposure time has recently been 63 days, and it has been less than 90 days for the past 4 years.
Brian A. Ward
Temecula, CA Appraiser
www.temecula.pro
(888) 844-1733
Real Estate Appraisal Services For:
* Estates
* Trusts
* Expert Witness Testimony
* Before Buying and/or Obtaining a Mortgage (critical)
* Before Selling
* Intra-Family Home Purchases and Sales
* Bonds, Such as Bail Bonds