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2005 - 2007 Market Snapshot: Hemet-San Jacinto Valley

Here is a look back at the real estate activity in the Hemet San Jacinto Valley market, starting in January 2005 through 2006 an up to the current date, August 26, 2007. This data reflectes single family homes only. Not included are mobile homes and land purchases.

SAN JACINTO*
PERIOD	NEW	Avg LP	Avg SP	SOLD	Avg DOM
Jan-05	50	$300,316	$232,263	25	56
Feb-05	50	$288,020	$270,117	28	51
Mar-05	49	$318,017	$274,014	42	66
Apr-05	57	$283,680	$276,296	48	53
May-05	62	$327,593	$267,237	43	47
Jun-05	66	$333,604	$300,591	53	39
Jul-05	68	$452,533	$301,245	42	45
Aug-05	76	$309,096	$313,153	43	34
Sep-05	79	$340,645	$328,491	60	50
Oct-05	71	$350,156	$310,012	41	34
Nov-05	54	$316,805	$311,312	29	43
Dec-05	41	$326,656	$321,122	40	47
2005	723	$328,927	$292,154	494	47
PERIOD	NEW	Avg LP	Avg SP	SOLD	Avg DOM
Jan-06	69	$342,366	$322,827	24	55
Feb-06	74	$359,028	$311,400	34	66
Mar-06	76	$337,897	$318,724	44	56
Apr-06	75	$366,020	$310,889	43	60
May-06	61	$341,290	$315,080	43	54
Jun-06	84	$351,668	$327,487	33	57
Jul-06	80	$357,452	$336,776	30	60
Aug-06	80	$345,136	$325,639	33	76
Sep-06	75	$333,462	$315,392	28	69
Oct-06	71	$352,668	$329,690	23	45
Nov-06	52	$331,613	$302,935	25	58
Dec-06	28	$365,596	$318,535	20	65
2006	825	$348,683	$319,615	380	60
PERIOD	NEW	Avg LP	Avg SP	SOLD	Avg DOM
Jan-07	95	$345,764	$299,438	18	81
Feb-07	80	$315,512	$335,090	11	63
Mar-07	92	$322,559	$328,477	16	63
Apr-07	75	$328,176	$300,590	21	99
May-07	90	$325,709	$300,560	15	78
Jun-07	77	$308,355	$288,971	19	75
Jul-07	87	$328,096	$304,464	16	85
08/26/2007**	59	$296,720	$274,900	11	86
YTD 2007	655	$321,361	$304,061	127	79
HEMET*
PERIOD	NEW	Avg LP	Avg SP	SOLD	Avg DOM
Jan-05	176	$284,513	$263,687	100	61
Feb-05	161	$293,613	$260,981	101	70
Mar-05	206	$313,834	$263,494	176	57
Apr-05	202	$304,644	$277,713	151	52
May-05	217	$306,751	$299,570	176	46
Jun-05	225	$332,779	$300,452	162	45
Jul-05	223	$340,614	$305,226	156	43
Aug-05	234	$340,643	$300,820	162	41
Sep-05	257	$333,468	$317,746	157	42
Oct-05	215	$328,349	$305,499	140	40
Nov-05	177	$342,000	$319,770	102	48
Dec-05	129	$332,858	$301,340	128	59
2005	2422	$321,172	$293,025	1711	50
PERIOD	NEW	Avg LP	Avg SP	SOLD	Avg DOM
Jan-06	244	$330,717	$313,175	91	60
Feb-06	194	$334,443	$299,325	75	65
Mar-06	235	$346,458	$301,843	119	58
Apr-06	255	$397,921	$305,770	102	75
May-06	244	$345,423	$325,375	136	60
Jun-06	242	$356,342	$316,920	145	69
Jul-06	237	$339,952	$309,666	116	76
Aug-06	273	$338,218	$317,397	103	62
Sep-06	199	$354,377	$304,311	103	70
Oct-06	190	$329,787	$314,670	97	82
Nov-06	189	$354,336	$339,264	95	85
Dec-06	107	$359,855	$299,567	69	73
2006	2609	$348,986	$312,274	1251	70
PERIOD	NEW	Avg LP	Avg SP	SOLD	Avg DOM
Jan-07	222	$338,829	$306,914	50	85
Feb-07	195	$342,854	$301,300	66	90
Mar-07	216	$333,035	$299,722	65	94
Apr-07	208	$329,710	$346,069	52	98
May-07	240	$331,956	$312,185	57	100
Jun-07	183	$335,042	$313,605	51	79
Jul-07	178	$325,255	$289,689	35	95
08/26/2007**	134		$273,899	26	128
YTD 2007	1576	$333,812	$305,423	402	96
** As of 8/26/07
* Information is Believed To Be Accurate But Not Guaranteed Now Have a Blessed Day, John Occhi, Hemet CA REALTOR® Mission Grove Realty

Posted by John Occhi Hemet CA Real Estate on 08/27/2007 02:19 AM

Comments (10)

hemet, san jacinto, real estate, market, 2005, 2006, 2007, homes

This post has been included in California Information Riverside County, CA Information Hemet, CA Information
Post is included in group: G.A.G. (Group against Groups)

10 Comments on 2005 - 2007 Market Snapshot: Hemet-San Jacinto Valley

Thank you for the snapshot of Hemet- San Jacinto Valley. It helps me to understand your market and what you are working with. Katerina

08/27/2007 08:32 AM

by Nestor & Katerina Gasset, Realtors® Wellington Florida Luxury Homes (International Properties and Investments, Inc.)

Nestor and Katerina Gasset Wellington Florida Luxury Homes - Katrina, so now you can understand some of my earlier comments about this market...we are literally at the end of the road for urban sprawl heading east from Los Angeles and north from San Diego

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

08/27/2007 10:29 AM

by John Occhi Hemet CA Real Estate (Century 21 Crest - Crest REO)

John-Most of the numbers didnt look too awfully bad until I looked a bit closer at the number of sales in Hemet between 2005 to 2007. To see that number drop from 1,711 to 402 is amazing. So then.....how what does the future hold? I mean, you do have one of those crystal balls like the one in the picture right?

David Kucic RA (GRI, ABR, AHWD, e-PRO)
First Sergeant, USA (Retired)
Tropic Lightning Real Estate, Oahu, Hawaii

08/27/2007 01:51 PM

by 1SG (Ret) David J. Kucic Hawaii Relocation/VA Expert (Tropic Lightning Real Estate)

Every deal counts. We have to help eachother through this by making every deal count. I'm not sure how many agents are starving in Hemet and San Jacinto but I'm sure we will see cardboard signs on the side of the road. Will sell your house for food.

John Severino SymphonyMortgage Company

08/27/2007 04:57 PM

by Symphony Mortgage Company

There may not be enough business for every licensed Realtor...but there's plenty of business for the good ones...that means you, John. Keep up the good work.

08/28/2007 02:58 PM

by Hemet Home Loan Guy, Joey Aszterbaum (Patrion Mortgage)

John - Good looking market report - keep up your hard work!

08/29/2007 11:57 AM

by Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty)

1SG (Ret) David Kucic Hawaii Relocation/VA Expert - The future. hmmm, I see me moving to Hawaii to sell real estate as part of Team Kucic....

Seriously, think of all those homeownners just itching to move - soon something has to pop and when it does it should be pretty good place to be.

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

08/29/2007 12:08 PM

by John Occhi Hemet CA Real Estate (Century 21 Crest - Crest REO)

John Severino - Now there is an idea - but who would throw away thier signs? If we only had a freeway off ramp in Hemet!

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

08/29/2007 12:10 PM

by John Occhi Hemet CA Real Estate (Century 21 Crest - Crest REO)

Joey Aszterbaum - Thanks Joey for the kind words - togehter we can find the deals and make them work!

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

08/29/2007 12:11 PM

by John Occhi Hemet CA Real Estate (Century 21 Crest - Crest REO)

Bill Gassett Metrowest Massachusetts Real Estate - the report may look good - I only wish the numbers looked good. Thanks for the kind words

Now Have a Blessed Day,

John Occhi, Hemet CA REALTOR®
Mission Grove Realty

08/29/2007 12:12 PM

by John Occhi Hemet CA Real Estate (Century 21 Crest - Crest REO)

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Real Estate Agent: John Occhi Hemet CA Real Estate (Century 21 Crest - Crest REO)

John Occhi Hemet CA Real Estate
Hemet, CA
More about me…
Century 21 Crest - Crest REO

Office Phone: (951) 927-9473
Cell Phone: (951) 443-6259
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