|South Temecula, CA Homes for Sale saw average sales prices increase month over month as well as year to year and the number of homes for sale continue to rise. Buyer activity remains strong although the total number of resale closings did decline both month over month and year over year. Average days on market remained strong at 58 days. Distressed properties represented 12% of all closings in May 2014 compared to 22% of closings in May 2013.
The Numbers Month to Month and Year to Year
The average sales price for South Temecula, CA Homes for Sale was $410,000 in May 2014, an increase of 9% month over month and 12% year over year.
The number of South Temecula, CA Homes for Sale that sold in May 2014 was 68, down 4% month over month and down 24% compared to May 2013.
There were 215 South Temecula, CA Homes for Sale in May 2014, which is up 12% from April 2013 and 32% more than were on the market in May 2013.
A few highlights of the current South Temecula, CA Homes for Sale are shown below and represent a nice cross section of properties available, in contract and that have sold.
This Months Most Expensive Listing
The most expensive South Temecula, CA Homes for sale this month is listed at $1,050,000and includes 5 bedrooms, 4.5baths and has 4,153sqft. on a 1/2 acre lot.(schedule a showing).
This Months Least Expensive Home for Sale
The least expensive of all South Temecula, CA homes for sale came in at $190,000 for a 2 bedroom, 2 bath condo with 1,103 sqft.(schedule a showing).
This Months Most Expensive Sale
The most expenseive South Temecula, CA home sold in May 2014 was $855,000 for a 5 bedroom, 3.5 bath …
Click to see the full report