Murrieta CA Condo Prices - Median: $120,000; Median SqFt: $96.60, June 22, 2011.
There were 72 condos and townhomes for sale in Murrieta CA that closed (sold) during the past 90 days with a median home price of $120,000 and a median price-per-square-foot of $96.60, according to the California Regional MLS (Multiple Listing Service). In the same period last year, 112 townhomes and condos for sale closed with a median sales price of $120,000 and a median price-per-square-foot of $96.91.
The below chart shows median home values for condominiums and townhomes in the City of Murrieta over the last four years. The blue line shows the median listing price of homes, while the red line shows the median sales price of homes. The listing price is the amount that sellers wanted someone to pay for their home, whereas the sales price is the actual amount that buyers paid for the home.
The information provided is deemed reliable, but is not guaranteed.
ABSORPTION RATES
Buying a house? Selling a house? Whether you’re a home buyer or a home seller, you may want to know whether it’s a buyer’s market, or a seller’s market. How can you determine whether it’s a buyer’s market or a seller’s market? By looking at housing market absorption rates.
Click here to see whether it’s a buyer’s market, or a seller’s market for Murrieta Condos and Townhomes.
Copyright ©2011 Bill Burchard
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