Murrieta Real Estate Market Sees Home Sales Down

While home sales in the Murrieta market have been above average, in this week's report they fell 3.7% to 180 homes sold over the last 30 days. On the other hand, close-by Temecula registered 177 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose to $392,500 over the latest reporting period for Murrieta, up from $385,000. With only two months of inventory to sell, Murrieta is a solid seller's market, in spite of the dip in sales.

Looking to get the most out of your money? Check out these bargain listings in Murrieta that recently had price cuts:

$1.2M   $650K   $1.5M  

Get started right now by checking out Murrieta homes for sale or reviewing Murrieta real estate trends.

Demographic facts for Murrieta:

  • The average elevation in this area is 1,266 feet.
  • The median income is $66,726 per household.
  • The student-to-counselor ratio is 924:1. (513:1 = national average)

Data reported through 6/15/2017

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