March 2024 Real Estate Report

Homes For Sale
306 Total
Homes For Sale
Homes added
147 Homes
Added to the Market
Homes For Sale
117 Homes
Sold
Compared to Previous Month
13%
More Homes For Sale
home chart
1%
More Homes Sold
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Last month in March, housing in Murrieta, CA ended with 147 homes being added to the market for sale, for a cumulative monthly total of 306 homes for sale - up 13% compared to February. Murrieta, CA had a total of 117 homes sold for the month - up 1% from the month prior.

Detached led the way in homes sold with a total of 106 - up 9%, while attached totaled 11 in closed sales - down -82% from the month of February. The number of detached properties sold under 1500 square feet totaled 8 for the month of March, while homes from 1500 to 2000 square feet recorded 23 sales and homes sized from 2000 to 2500 square feet had 25 sales. While homes from 2500 to 3000 square feet square feet recorded 20 homes sold and homes from 3000 to 3500 square feet had 16 sales, while homes in the 3500 to 4000 square feet range totaled 11 homes sold. Homes from 4000 to 4500 square feet had 1 sales and homes over 5500 square feet recorded 2 homes sold. The following ranges for detached homes all had no sales: 4500 to 5000.

The number of attached homes sold under 1500 square feet numbered 7 and attached homes in the square feet range of 1500 to 2000 recorded 4 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 Murrieta, CA?
May:
152 Homes Sold
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The last 12 month period for the city of Murrieta, CA shows that the greatest number of homes were sold during the months of May 2023, June 2023 and July 2023. The months of May 2023, June 2023 and July 2023 had 152 - 143 and 145 homes sold, respectively, as compared to an average of 105 for the other months of the year.

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When do homes sell the fastest in Murrieta, CA?
June:
16 Days On Market
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The last 12 month period for the city of Murrieta, CA shows that homes sold the fastest during the months of June 2023, July 2023 and August 2023. The months of June 2023, July 2023 and August 2023 had 16 - 17 and 18 days on market, respectively, as compared to an average of 27 for the other months of the year.


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

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Murrieta, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Murrieta, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202466116117 - - - - - - - - - 299
2023959514612015214314512610611984871418
20221591552572372182341351661221271101012021
20211591492071852333062582272371861922222561
20202162102151651252162332302802942232272634
20192062172053082862893002732812431911902989
20181321371992242242491992021821651401522205
20171441502081732462922492181982101711762435
Average Days On Market (DOM) In Murrieta, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024373128 - - - - - - - - - 32
202347463429191617182623262427
2022191499121214193330393821
20211314121110119101419141613
20204034302224231917813171322
201952514531332933313735454339
201831352726252527323634364432
201740442743222120202429313029
Average Days From List To Close Of Escrow In Murrieta, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024968378 - - - - - - - - - 86
20231091078878766164627470757778
202268615452535357587275909366
202166705455555555545965616059
202096908173738171716366667475
20191101058983807782798786969589
2018841067978736771808481909382
20171031007995717269697877798281
Number of homes added to the market in Murrieta, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024129112147 - - - - - - - - - 388
202312012014315716018913316414512398781630
202219822625025221420415216514210993632068
20211881812382642652462622342042101691172578
20202871991791372172242422742752361361232529
20192242643023203263202972472292252171233094
2018173204221237269233201180161165127892260
20171791612192582692332332021841671591022366