Justin Tye

Temecula, CA

Single-Family Homes

Active Realty I REAL



Temecula, CA

Sun May 26 2024
This week the median list price for Temecula, CA is $1,049,999 with the market action index hovering around 56. This is less than last month's market action index of 58. Inventory has increased to 185. Click here to stay informed with the Temecula market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Temecula, CA

Sun May 26 2024
This week the median list price for Temecula, CA is $1,049,999 with the market action index hovering around 56. This is less than last month's market action index of 58. Inventory has increased to 185. Click here to stay informed with the Temecula market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Temecula market.
Median List Price $1,049,999
Median Price of New Listings $899,000
Per Square Foot $394
Average Days on Market 67
Median Days on Market 28
Price Decreased 30%
Price Increased 4%
Relisted 7%
Inventory 185
Median Rent
Market Action 56
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,500,000 4,610 5 - 10 acres 5 4.5 21 2 0 80
$1,344,000 3,238 1 - 2.5 acres 4 3 23 10 6 28
$901,450 2,849 6,500 - 8,000 sqft 4 3 20 14 10 14
$679,900 1,790 6,500 - 8,000 sqft 3 2.5 32 11 16 21