March 2024 Real Estate Report

Homes For Sale
309 Total
Homes For Sale
Homes added
163 Homes
Added to the Market
Homes For Sale
115 Homes
Sold
Compared to Previous Month
20%
More Homes For Sale
home chart
17%
More Homes Sold
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Last month in March, housing in Temecula, CA ended with 163 homes being added to the market for sale, for a cumulative monthly total of 309 homes for sale - up 20% compared to February. Temecula, CA had a total of 115 homes sold for the month - up 17% from the month prior.

Detached led the way in homes sold with a total of 102 - up 22%, while attached totaled 13 in closed sales - down -15% from the month of February. The number of detached properties sold under 1500 square feet totaled 15 for the month of March, while homes from 1500 to 2000 square feet recorded 18 sales and homes sized from 2000 to 2500 square feet had 26 sales. While homes from 2500 to 3000 square feet square feet recorded 12 homes sold and homes from 3000 to 3500 square feet had 11 sales, while homes in the 3500 to 4000 square feet range totaled 5 homes sold. Homes from 4000 to 4500 square feet had 7 sales, homes from 4500 to 5000 square feet had 2 sales and homes over 5500 square feet recorded 3 homes sold.

The number of attached homes sold under 1500 square feet numbered 2 and attached homes in the square feet range of 1500 to 2000 recorded 11 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 Temecula, CA?
June:
149 Homes Sold
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The last 12 month period for the city of Temecula, CA shows that the greatest number of homes were sold during the months of June 2023, August 2023 and March 2024. The months of June 2023, August 2023 and March 2024 had 149 - 137 and 115 homes sold, respectively, as compared to an average of 96 for the other months of the year.

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When do homes sell the fastest in Temecula, CA?
February:
17 Days On Market
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The last 12 month period for the city of Temecula, CA shows that homes sold the fastest during the months of October 2023, February 2024 and March 2024. The months of October 2023, February 2024 and March 2024 had 20 - 17 and 20 days on market, respectively, as compared to an average of 25 for the other months of the year.


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

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Temecula, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Temecula, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
20247495115 - - - - - - - - - 284
202388891151031111491081378610690911273
2022153134202168184182120150107103851041692
20211361381881892092502202102051711511942261
20201401381661271252152441892312352072132230
20191131131581762201922222071661891571322045
20181411381721882202221831941591391671212044
20171451382261691922922291921761921311782260
Average Days On Market (DOM) In Temecula, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024301720 - - - - - - - - - 22
202350493529242324202120243429
2022181510991318232927374321
20211417111141011111216191513
20204036261928211820121191721
201943524239322930333740393738
201833352120252021292741444030
201751453633262421302536323132
Average Days From List To Close Of Escrow In Temecula, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024837165 - - - - - - - - - 73
2023981048977787776686870729681
202270565653515363647272848965
202164746355495753535960576459
202093867068837165676163576771
201995959196797673838490849587
201888806660666463726986888574
2017108989083757468838087867584
Number of homes added to the market in Temecula, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024109104163 - - - - - - - - - 376
20239910112912315816313714610411591641430
202216816320121218018214313510611093711764
20211611632032482322312281801751871511002259
20201382341721202101802312372272491271192244
2019151139199230259199154175159153104872009
2018169167229242216221196181149141110862107
2017153178215214264221189182170133137852141