Hemet California Real Estate has appeared to hit the bottom of the real estate market in August with home values bottoming out at around $130,000 and has started it climb up again to where it is now selling, on average for closer to $137,000.
It should be noted the key word in the above paragraph is APPEARED…there is still a vast shadow inventory that could drop the bottom out of the market in a New York Second, if it were to hit all at once. .
Looking at the activity for the last week, it definitely appears as if the real estate market is moving up in price in Hemet, CA…This chart shows the average sold price for Hemet real estate in 7 day blocks…
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