February 2024 Real Estate Report

Homes For Sale
250 Total
Homes For Sale
Homes added
110 Homes
Added to the Market
Homes For Sale
106 Homes
Sold
Compared to Previous Month
3%
More Homes For Sale
home chart
14%
More Homes Sold
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Last month in February, housing in Hemet, CA ended with 110 homes being added to the market for sale, for a cumulative monthly total of 250 homes for sale - up 3% compared to January. Hemet, CA had a total of 106 homes sold for the month - up 14% from the month prior.

Detached led the way in homes sold with a total of 103 - up 16%, while attached totaled 3 in closed sales - down -33% from the month of January. The number of detached properties sold under 1500 square feet totaled 37 for the month of February, while homes from 1500 to 2000 square feet recorded 34 sales and homes sized from 2000 to 2500 square feet had 17 sales. While homes from 2500 to 3000 square feet square feet recorded 10 homes sold and homes from 3000 to 3500 square feet had 4 sales and while homes in the 3500 to 4000 square feet range totaled 1 homes sold. The following ranges for detached homes all had no sales: 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 3. The following ranges for attached homes all had no sales: 1500 to 2000, 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Hemet, CA?
March:
141 Homes Sold
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The last 12 month period for the city of Hemet, CA shows that the greatest number of homes were sold during the months of March 2023, June 2023 and August 2023. The months of March 2023, June 2023 and August 2023 had 141 - 129 and 139 homes sold, respectively, as compared to an average of 108 for the other months of the year.

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When do homes sell the fastest in Hemet, CA?
June:
20 Days On Market
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The last 12 month period for the city of Hemet, CA shows that homes sold the fastest during the months of June 2023, October 2023 and November 2023. The months of June 2023, October 2023 and November 2023 had 20 - 23 and 24 days on market, respectively, as compared to an average of 32 for the other months of the year.


Average Price Of Homes Sold In Hemet, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Hemet, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Hemet, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202491106 - - - - - - - - - - 197
20239083141114116129123139100115991041353
2022128135200186185172149118119139101991731
20211221081491901381561791521611361761871854
2020103106140127891361401361521701531431595
2019871161291501851691771691161571071091671
20181111031581532001841531721331271181131725
20171151321671462021811511731751451371091833
Average Days On Market (DOM) In Hemet, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
20243632 - - - - - - - - - - 34
202338393545342026252423243230
202214143216141718242429363222
202117262011161410899111314
202035424030272526182415111626
201949495340433329324028334339
201825322528292423292639364130
201738393421242019192123253627
Average Days From List To Close Of Escrow In Hemet, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
20249199 - - - - - - - - - - 95
202311210594103947983748074829089
2022747310171596870877685818177
202183887066676956595960716968
202093919685919090758279787686
201910499107969288908997909010996
201890847880778179758597849484
20171101129986807471777471839986
Number of homes added to the market in Hemet, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024118110 - - - - - - - - - - 228
2023125136129145158172154173146130117951680
2022159166194191187192120136119117129831793
20211261211661511401841701561911921641161877
202011713313098118124141170160157119881555
201912812815917117414815714911712788951641
2018154142199179176169163144121126128901791
2017136128161179171173195161156101116901767