Sunday, February 20, 2022

Temecula, CA Housing Trends as of 02/18/2022

Brian Ward
Temecula, CA Certified Residential Real Estate Appraiser
https://www.brianward.com/Temecula/Appraiser/Temecula.html
Contact: https://forms.gle/6R2NSosPMkniLG5VA
SALES INFORMATION:
# of Sales 0-3 Months: 426
# of Sales 3-6 Months Ago: 534
Change: -20.2%
# of Sales 0-6 Months: 967
# of Sales 12-18 Months Ago: 474
Change: 104.0%
Linear $/Sf Change, 12 Months: 21.44%
Linear Sales $ Change, 12 Months: 10.25%
Linear $/Sf Change, 6 Months: 9.51%
Linear Sales $ Change, 6 Months: -3.22%
Median Sale Price 0-3 Months: $700,000
Median Sale Price 3-6 Months Ago: $700,000
Change: 0.0%
Median Sale Price 0-6 Months: $700,000
Median Sale Price 12-18 Months Ago: $580,000
Change: 20.7%
Median $/Sf 0-3 Months: $325.11
Median $/Sf 3-6 Months Ago: $308.71
Change: 5.3%
Median $/Sf 0-6 Months: $312.65
Median $/Sf 12-18 Months Ago: $255.32
Change: 22.5%
Sales Price to List Price Ratio 0-3 Months: 103.0%
Sales Price to List Price Ratio 3-6 Mo. Ago: 102.0%
Change: 1.0%
LISTING INFORMATION:
Months of Inventory Based on 30 Day's Sales: 1.5
Anticipated Marketing Time: 0-30 days
# of Listings Past 3 Months: 385
# of Listings 3-6 Months Ago: 559
Change: -31.1%
Listings Days on Market (0-3 Months): 8
Listings Days on Market (3 to 6 Months Ago): 16
Change: 50.0%
Median Listing $/Sf (0-3 Months): $327.63
Median Listing $/Sf (3-6 Months Ago): $390.30
Change: 3.7%
MARKET AREA (PAST 12 MONTHS):
Most Common Living Area Range (Sf): 1,567 to 3,553
Most Common Property Year Built: 1990 to 2007
# of Stories
1 Story / 28.6%
2 Story / 70.0%
3 Story / 1.3%
Split Level / 0.1%