Murrieta CA Home Prices - Median: $246,750; Median SqFt: $105.35, June 28, 2011.
There were 160 homes for sale in Murrieta CA that closed (sold) during the past 30 days with a median home price of $246,750 and a median price-per-square-foot of $105.35, according to the California Regional MLS (Multiple Listing Service). In the same period last year, 162 single family houses for sale closed with a median sales price of $227,500 and a median price-per-square-foot of $97.06.
The below chart shows median home values for detached single family homes 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 Single Family Homes.
Copyright ©2011 Bill Burchard
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