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Murrieta - Temecula, CA - Real Estate Market Conditions: February 2011
Temecula - Murrieta, CA * Real Estate Market Conditions: February 2011
Sales for Temecula and Murrieta - between January 14 to February 14 for the years 2010 and 2011.  Except for the Standard Sales the median prices per square foot are up in both Cities.  Data shows homes in Temecula sell for more, Standard sales pull the highest prices. 
Temcula (standard sale prices per square foot)   2010 @ $163 vs.  2011@ $138
Temecula (REO)  2010 @ $113.50 vs. 2011 @ $115
Temecula (short sale) 2010 @ $123 vs. 2011 @ $124
Murrieta (standard sales)  2010 @ $111 vs. 2011 @ $112
Murrieta (REO)   2010 @ $104 vs. 2011 @ $106
Murrieta (short sale)  2010 @ $94 vs. 2011 @ $95
 Based on the same 1-month period (as above) for 2010 and 2011 - there was a decline in the number of homes sold:
Temecula        139 in 2010     119 in 2011
Murrieta         170 in 2010     141 in 2011
Year over year shows prices up, however comparing the most recent 3-month period vs. the prior 3-month period. 
Temecula saw home prices on average go down: $45 per day
Murrieta saw home prices on average go down: $87 per day
Average difference in ... more

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