Murrieta CA Condo Prices - Median: $121,750; Median SqFt: $94.32, January 25, 2012.
There were 68 condos and townhomes for sale in Murrieta CA that closed (sold) during the past 90 days with a median home price of $121,750 and a median price-per-square-foot of $94.32, according to the California Regional MLS (Multiple Listing Service).
Last month, 79 townhomes and condos for sale closed with a median sales price of $125,000 and a median price-per-square-foot of $95.51. One year ago, 75 townhomes and condos for sale closed with a median sales price of $116,000 and a median price-per-square-foot of $95.78.*
The below charts show the median home values for condominiums and townhomes in the City of Murrieta. The first chart shows sold prices over the past 24 months, while the second chart shows sold prices since 2002. Sold prices are the actual amount that buyers paid for the home.
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 Condos and Townhomes.
*The values shown for each month are based on data measured during the prior 90 days of activity. For example, values shown for December 2011 are based on data measured from the beginning of October 2011 through the end of December 2011. The information provided is deemed reliable, but is not guaranteed.
Copyright ©2012 Bill Burchard