Temecula - Week of November 16th, 2014
Single Family Homes
This Week
The median list price in TEMECULA, CA this week is $439,900. The 729 properties have been on the market for an average of 182 days.Days-on-market has been trending up recently but the Market Action Index and inventory levels are basically flat and not providing strong indications for the market
Supply and DemandThe Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing. | . |
Median Price
The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
Inventory of Properties Listed for Sale
Inventory has been relatively steady around these levels in recent weeks.
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Data Provided by and Copyright Altos Research LLC
