Friday, July 15, 2022

Hemet, CA 92544 Housing Trends as of 07/07/2022

 

Brian Ward
Hemet, CA Certified Residential Real Estate Appraiser
https://www.brianward.com/Hemet/Appraiser/Hemet.html
Contact: https://forms.gle/6R2NSosPMkniLG5VA
SALES INFORMATION:
# of Sales 0-3 Months: 462
# of Sales 3-6 Months Ago: 437
Change: 5.7%
# of Sales 0-6 Months: 903
# of Sales 12-18 Months Ago: 461
Change: 95.9%
Linear $/Sf Change, 12 Months: 22.6%
Linear Sales $ Change, 12 Months: 18.85%
Linear $/Sf Change, 6 Months: 10.61%
Linear Sales $ Change, 6 Months: 7.87%
Median Sale Price 0-3 Months: $446,750
Median Sale Price 3-6 Months Ago: $430,000
Change: 3.9%
Median Sale Price 0-6 Months: $440,000
Median Sale Price 12-18 Months Ago: $365,000
Change: 20.5%
Median $/Sf 0-3 Months: $272.46
Median $/Sf 3-6 Months Ago: $252.10
Change: 8.1%
Median $/Sf 0-6 Months: $261.51
Median $/Sf 12-18 Months Ago: $215.40
Change: 21.4%
Sales Price to List Price Ratio 0-3 Months: 101.0%
Sales Price to List Price Ratio 3-6 Mo. Ago: 99.0%
Change: 2.0%
LISTING INFORMATION:
Months of Inventory Based on 30 Day's Sales: 1.9
Anticipated Marketing Time: 30-60 days
# of Listings Past 3 Months: 597
# of Listings 3-6 Months Ago: 513
Change: 16.4%
Listings Days on Market (0-3 Months): 16
Listings Days on Market (3 to 6 Months Ago): 14
Change: 14.3%
Median Listing $/Sf (0-3 Months): $275.08
Median Listing $/Sf (3-6 Months Ago): $265.34
Change: 3.7%
MARKET AREA (PAST 12 MONTHS):
Most Common Living Area Range (Sf): 1,158 to 2,511
Most Common Property Year Built: 1960 to 1999
# of Stories
1 Story / 83.1%
2 Story / 16.0%
3 Story / 0.6%
Split Level / 0.4%