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.
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.
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.
Number of homes sold in Temecula, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 74 | 95 | 115 | - | - | - | - | - | - | - | - | - | 284 |
2023 | 88 | 89 | 115 | 103 | 111 | 149 | 108 | 137 | 86 | 106 | 90 | 91 | 1273 |
2022 | 153 | 134 | 202 | 168 | 184 | 182 | 120 | 150 | 107 | 103 | 85 | 104 | 1692 |
2021 | 136 | 138 | 188 | 189 | 209 | 250 | 220 | 210 | 205 | 171 | 151 | 194 | 2261 |
2020 | 140 | 138 | 166 | 127 | 125 | 215 | 244 | 189 | 231 | 235 | 207 | 213 | 2230 |
2019 | 113 | 113 | 158 | 176 | 220 | 192 | 222 | 207 | 166 | 189 | 157 | 132 | 2045 |
2018 | 141 | 138 | 172 | 188 | 220 | 222 | 183 | 194 | 159 | 139 | 167 | 121 | 2044 |
2017 | 145 | 138 | 226 | 169 | 192 | 292 | 229 | 192 | 176 | 192 | 131 | 178 | 2260 |
Average Days On Market (DOM) In Temecula, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 30 | 17 | 20 | - | - | - | - | - | - | - | - | - | 22 |
2023 | 50 | 49 | 35 | 29 | 24 | 23 | 24 | 20 | 21 | 20 | 24 | 34 | 29 |
2022 | 18 | 15 | 10 | 9 | 9 | 13 | 18 | 23 | 29 | 27 | 37 | 43 | 21 |
2021 | 14 | 17 | 11 | 11 | 4 | 10 | 11 | 11 | 12 | 16 | 19 | 15 | 13 |
2020 | 40 | 36 | 26 | 19 | 28 | 21 | 18 | 20 | 12 | 11 | 9 | 17 | 21 |
2019 | 43 | 52 | 42 | 39 | 32 | 29 | 30 | 33 | 37 | 40 | 39 | 37 | 38 |
2018 | 33 | 35 | 21 | 20 | 25 | 20 | 21 | 29 | 27 | 41 | 44 | 40 | 30 |
2017 | 51 | 45 | 36 | 33 | 26 | 24 | 21 | 30 | 25 | 36 | 32 | 31 | 32 |
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 |
2024 | 83 | 71 | 65 | - | - | - | - | - | - | - | - | - | 73 |
2023 | 98 | 104 | 89 | 77 | 78 | 77 | 76 | 68 | 68 | 70 | 72 | 96 | 81 |
2022 | 70 | 56 | 56 | 53 | 51 | 53 | 63 | 64 | 72 | 72 | 84 | 89 | 65 |
2021 | 64 | 74 | 63 | 55 | 49 | 57 | 53 | 53 | 59 | 60 | 57 | 64 | 59 |
2020 | 93 | 86 | 70 | 68 | 83 | 71 | 65 | 67 | 61 | 63 | 57 | 67 | 71 |
2019 | 95 | 95 | 91 | 96 | 79 | 76 | 73 | 83 | 84 | 90 | 84 | 95 | 87 |
2018 | 88 | 80 | 66 | 60 | 66 | 64 | 63 | 72 | 69 | 86 | 88 | 85 | 74 |
2017 | 108 | 98 | 90 | 83 | 75 | 74 | 68 | 83 | 80 | 87 | 86 | 75 | 84 |
Number of homes added to the market in Temecula, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 109 | 104 | 163 | - | - | - | - | - | - | - | - | - | 376 |
2023 | 99 | 101 | 129 | 123 | 158 | 163 | 137 | 146 | 104 | 115 | 91 | 64 | 1430 |
2022 | 168 | 163 | 201 | 212 | 180 | 182 | 143 | 135 | 106 | 110 | 93 | 71 | 1764 |
2021 | 161 | 163 | 203 | 248 | 232 | 231 | 228 | 180 | 175 | 187 | 151 | 100 | 2259 |
2020 | 138 | 234 | 172 | 120 | 210 | 180 | 231 | 237 | 227 | 249 | 127 | 119 | 2244 |
2019 | 151 | 139 | 199 | 230 | 259 | 199 | 154 | 175 | 159 | 153 | 104 | 87 | 2009 |
2018 | 169 | 167 | 229 | 242 | 216 | 221 | 196 | 181 | 149 | 141 | 110 | 86 | 2107 |
2017 | 153 | 178 | 215 | 214 | 264 | 221 | 189 | 182 | 170 | 133 | 137 | 85 | 2141 |