Menifee Home Sales Statistics

By
Real Estate Broker/Owner with Realty Works Temecula BRE No: 01233850

Menifee Homes, Menifee Bank Owned Homes - Menifee, like the rest of Riverside County, California has gone through dramatic ups and downs over the last four years.  Below, are several charts showing information for Menifee home sales. Click the link to see Southwest Riverside County Home Sales for June 2010 compared to June 2011, for the most popular areas of Southwest Riverside County, California.


ALL CHARTS ARE CREATED USING SINGLE FAMILY DETACHED HOMES ONLY!  


This first chart shows Menifee Median home sales and number of Menifee Homes sales over the last four years. 

  • The highest number of sales of Menifee Home Sales occurred in August of 2007, when there were 220 home sales, for that month.
  • The lowest median price for a Menifee home was August of 2009 when the median price was $170,000.
  • Currently, for July / August, 2011 the number of Menifee homes sold are approximately 175 and the median price is $195,000.  June 2011 Menifee Investment homes and number of Menifee homes sold.
THIS CHART, CREATED ON AUGUST 20, 2011 - DOES NOT HAVE COMPLETE DATA FOR AUGUST!

 Menifee Home Sales Stastics 2007-2011

 

 

 

Menifee Bank owned homes only Sold - sales statistics over the last four years.

Menifee Bank Owned Home Sales

 

 

 

Menifee short sales only statistics over the last four years.

 Menifee Short Sales Stastics

 

Menifee standard sales statistics only Sold over the last four years, which will include flip properties.  (Which is why there is a dramatic increase in June of 2009 as that's when investors began rehabbing and selling their investments.

 

 

Menifee home purchases made with cash only

 

NOTE THAT AT THE TIME I CREATED THIS CHART IT WAS AUGUST 20TH, SO STATS FOR AUGUST ARE NOT COMPLETE!


These next charts are only for the last 12 months and include data for all types of sales but only for 3 bedroom homes.  

  • THIS IS VERY IMPORTANT  because the value changes quite a bit for additional bedrooms!  
  • Bedrooms is really what distinguish value in of a home in the eyes of an appraiser
  • FOR INSTANCE, if there are two homes with the same square footage but one has 3 bedrooms and the other home has 4 bedrooms the one with 4 bedrooms can be "Valued", higher, sometimes substantially EVEN THOUGH THE SQUARE FOOTAGE IS THE SAME.

Menifee home sales for 3 bedroom homes.

 Menifee 3 Bedroom Homes

Menifee 4 bedroom homes sales statistics.

 Menifee 4 Bedroom Homes

Menifee 5 bedroom homes sales statistics.

 

 

Call or e-mail me for even more specific data that meets your search criteria.  Want same data for a different City or area?...just let me know!


Jane Grant Broker of Record for Southwest Real Estate, Toll Free:    866-621-0155

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Temecula Real EstateContact me for information regarding Homes in Riverside County, Real Estate in Southwest Riverside County. My office is in Temecula, and I specialize in selling homes in the Murrieta and Temecula,  Wine County, De Luz, La Cresta, Bear Creek, Murrieta, Wildomar and Menifee, Canyon Lake, Canyon Hills, Lake Elsinore areas! Anywhere in Southwest Riverside County and North San Diego County. 

 

Broker of Record- DRE 01109492
Southwest Real Estate, Inc. 

 

 

 

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Comments (1)

Bruce Parker
RE/MAX Best - Highland Park, NJ

Great Blog, Please keep me in mind if you ever have a referral. Just got back from the RE/MAX Brokers Convention. Fantastic event.

Aug 21, 2011 01:24 PM

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