March 2024 Real Estate Report

Homes For Sale
361 Total
Homes For Sale
Homes added
188 Homes
Added to the Market
Homes For Sale
134 Homes
Sold
Compared to Previous Month
27%
More Homes For Sale
home chart
33%
More Homes Sold
add_circle

Last month in March, housing in Menifee, CA ended with 188 homes being added to the market for sale, for a cumulative monthly total of 361 homes for sale - up 27% compared to February. Menifee, CA had a total of 134 homes sold for the month - up 33% from the month prior.

Detached led the way in homes sold with a total of 130 - up 35%, while attached totaled 4 in closed sales - down -25% from the month of February. The number of detached properties sold under 1500 square feet totaled 32 for the month of March, while homes from 1500 to 2000 square feet recorded 34 sales and homes sized from 2000 to 2500 square feet had 33 sales. While homes from 2500 to 3000 square feet square feet recorded 17 homes sold and homes from 3000 to 3500 square feet had 14 sales. The following ranges for detached homes all had no sales: 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 3 and attached homes in the square feet range of 1500 to 2000 recorded 1 sales. The following ranges for attached homes all had no sales: 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 Menifee, CA?
April:
145 Homes Sold
add_circle

The last 12 month period for the city of Menifee, CA shows that the greatest number of homes were sold during the months of April 2023, May 2023 and June 2023. The months of April 2023, May 2023 and June 2023 had 145 - 142 and 144 homes sold, respectively, as compared to an average of 112 for the other months of the year.

Sold Comparison Image
When do homes sell the fastest in Menifee, CA?
September:
18 Days On Market
add_circle

The last 12 month period for the city of Menifee, CA shows that homes sold the fastest during the months of May 2023, June 2023 and September 2023. The months of May 2023, June 2023 and September 2023 had 23 - 24 and 18 days on market, respectively, as compared to an average of 32 for the other months of the year.


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

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Menifee, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Menifee, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
20249990134 - - - - - - - - - 323
2023104145144145142144116134109127921061508
20221591842122142001751651781831221221332047
20211691541802001852472151982112221452422368
20201311561931641432072521962221991742452282
20191031251721792351942012231912041711852183
20181221171611871671761541801471521411361840
20171271251801762102121821611601571501491989
Average Days On Market (DOM) In Menifee, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024373531 - - - - - - - - - 34
202348374130232432291827263931
202221181311101319202931343922
20211514119999101115111512
2020374235332624282516991225
201949524247393442383434353140
201833222925232227303239394330
201730333227252625182521242726
Average Days From List To Close Of Escrow In Menifee, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024979694 - - - - - - - - - 96
20231049898878777898071869310590
202273736259555970647877879971
202181695657625861596459566662
202092988984867887827566687682
2019104969094888692898682878790
201882727775746573727881899378
201794968379827982697273797880
Number of homes added to the market in Menifee, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024128128188 - - - - - - - - - 444
2023142135148146162172165165139116119841693
2022188174222211236210214179147132126902129
20211441982112132242432072322002211821332408
20201951931761511951772211992092071471222192
20191731682321842291972052021801821321122196
2018169166156188216186181170154145124981953
2017156159204191168186154183147150119881905