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Temecula Market Report

$1,078,881

AVERAGE PRICE OF 479 HOMES

$674,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,697,560

AVERAGE PRICE OF 114 MULTI-MILLION DOLLAR HOMES

$934,421

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$1,175,789

AVERAGE PRICE OF 119 HOMES WITH A POOL

$1,121,345

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $1,078,881
Avg Bedrooms 2.59 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $802,500
2 bedrooms $562,372
3 bedrooms $835,792
4 bedrooms $1,127,249
5 bedrooms $1,464,981
Temecula Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 441 431 447 458 514
Average Price $1,051,012 $1,049,789 $1,048,277 $1,018,859 $963,229
Avg Price Change +0.12% +0.14% +2.89% +5.78% n/a
Median Price $678,787 $678,458 $683,934 $673,799 $678,302
Med Price Change +0.05% -0.81% +1.50% -0.67% n/a
Avg Bedrooms 2.55 beds 2.56 beds 2.64 beds 2.62 beds 2.67 beds
Avg Bathrooms 2.14 baths 2.18 baths 2.24 baths 2.2 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Chaparral 18 $727,882 67 days
Great Oak 42 $1,303,674 30 days
Murrieta Valley 3 $2,699,000 258 days
Temecula 7 $703,828 27 days
Temecula Valley 31 $920,623 48 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 479 $1,078,881 117 days
Distressed Homes 2 $674,950 236 days
Multi-Million Dollar Homes 114 $2,697,560 139 days
Newly Built Homes 44 $934,421 127 days
Homes with a Pool 119 $1,175,789 55 days
Reduced Price Homes 20 $1,121,345 92 days
McDermott Realty Group
Joe McDermott
31290 Windstone Dr.
Winchester, CA 92596
951-314-1856
DRE# 01744537

Based on information from California Regional Multiple Listing Service, Inc. as of May 28, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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