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Wildomar Real Estate Market Projections April 2012
Hello folks of Wildomar! April showers are coming and going as are the properties in Wildomar’s real estate market. The figures for the month of April have been pretty interesting. Supply is decreasing while sales are increasing. I will explain to you what I mean. My figures are based on single families, detached homes, with 3+ bedrooms and 2+ baths. Here are my stats:
•    Total Actively Listed On Market in April: 42•    Average Wildomar Home Listed Price: $ 248,785•    # of Wildomar Properties Sold in March: 34•    Average Sold Wildomar Property Price: $ 230,260•    Average Days On Market Of Homes Sold in March: 72
I want to look at the active stats first because they are the most telling about what is going on with Wildomar’s real estate market this month. The total number of properties actively listed on market dropped from 65 homes in March to 42 properties in April. This 34% drop in supply is very disconcerting. If supply keeps dropping this way, we will have a serious problem. The price at which these homes are listed grew about 4.5% from $237,000 in March to $249,000 in April. With less homes being listed, it would be understandable that ... more

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