Murrieta - Week of April 26th, 2015
Single Family Homes
This WeekThe median list price in MURRIETA, CA this week is $419,900. The 442 properties have been on the market for an average of 97 days.With inventory and days-on-market basically unchanged and the Market Action Index decreasing, the market is not sending strong directional signal for the near-term outlook. Supply and DemandHome sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues. |  |
Median Price
The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.
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
