market conditions: Murrieta - Temecula, CA - Real Estate Market Conditions: February 2011 - 02/14/11 10:36 AM
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 … (0 comments)

market conditions: Hemet - San Jacinto, California December 2010 Market Conditions - 12/15/10 09:36 AM
Appraiser Adjustment Matrix
Area              Hemet - San Jacinto                                    Date 12/15/2010
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market conditions: Perris - Nuevo, California December 2010 Market Conditions - 12/15/10 08:02 AM
Appraiser Adjustment Matrix
Area              Perris - Nuevo                             Date 12/14/2010
Data indicates the difference in price per square foot was $44 for the 3 most current months (and $42 per square foot for the 3-month prior period) - this is a market driven amount - or an adjustment an appraiser should be using.  Homes are losing value at the current rate of $15 per day (between the most recent 3-months vs. the prior 3-month period). 
Next we see there are 507 single family homes currently listed for sale (with 111 pending sales and 110 closed sales in 1-month): most of the listings … (0 comments)

market conditions: Distress sales vs. Standard sales - a snapshot for Moreno Valley, CA - 08/04/10 05:33 AM
Appraiser Adjustment Matrix
Area                          Moreno Valley, CA               Date 8/4/2010
Data used is median sales prices in the area - by house square footage ranges for Standard vs. Distress Sales. In the gray boxes is the difference between the 2 median prices per the type of sale. Going down the chart results in a sale price difference per square foot $57.50 to $63 rounded).  The difference between median sales prices for a 3-month search period between non-distress and distress sales was indicated at: $24,205.  Distress sales were search in MLS under: in foreclosure, Notice of Default, Real Estate Owned and Short … (0 comments)

market conditions: Moreno Valley, California - end of the year report - 01/01/08 06:02 AM
End of the year: Moreno Valley, California Real Estate Market
From Beverly A. Bayer, SRA - Real Estate Appraiser
There are a total of 2247 single family homes for sale
1093 are vacant - which is 48.6% (almost half)
68 of the total number of listings per MLS are owner occupied with a Notice of Default filed - add that to the number of vacant homes (1093) equals 1161 homes that need to sell.  121 homes sold since: 11/1/2007 - that is a rate of 2 per day - at that rate it would take 590.5 days or over 19 months to sell the 1161 … (1 comments)

 

Beverly Bayer

Moreno Valley, CA

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BAYER APPRAISALS

Address: 25232 Fir Avenue, Moreno Valley, CA, 92553

Office: (951) 247-3674

Fax: (951) 243-5709

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