Ok, August is definitely done - so let's see what happened in the market place this past month.
Take a look at the table, I have included the 2011 numbers for comparison. Note that the number of listings is down 50%, that is huge, it means we would sell all the houses in 2 months, if nobody put another one on. That makes for a gfast market, and you can see that year over year, values are creeping up.
If you have questions about these values, please contact me.
Greater Temecula Real Estate Market Report - August 2012
|August 2012||August 2011||% Difference|
|Total Sold Dollar Volume||$61,799,759||$59,486,098||+3.89%|
|Avg Sold Price||$347,190||$336,080||+3.30%|
|Median Sold Price||$300,200||$276,000||+8.78%|
|Avg Days On Market||82||76||+7.89%|
|New Under Contract||121||134||-9.70%|
Source: CRMLS; Prepared by Terkel Sorensen