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We analyze many market indicators inside purchase to have an in-depth malfunction of Temecula Real Estate Market comparing February 2009 to February 2010. Summary of Key Points Temecula Real Estate has started showing marginal signs of improvement with median sales price hiking upwards a small bit. Number of units available also increased marginally. Key Statistics, Temecula, CA: Median Sales Price (1.06%), Median Days on Market (22.00%), plus Number of Units Sold (5.88%), Sales Price to List Price Ratio (Feb 09 99% - Feb 10 99%) Temecula Real Estate The city of Temecula experienced a 1.06% increase inside median sales price from last year increasing from $309,607 (Feb. 09) to $312,889 (Feb. 2010). Median days on marketplace data for Temecula show which houses are selling reduced than Feb 09. It took fifty-five days inside Feb 09 for a apartment to market as well as for Feb 10 which number has gone up to 67 days (a 22.00% deterioration). Another important element to consider is total number of units available. In the month of Feb 09, 136 units were available compared to 144 for Feb 10 (5.88% change). Finally we're going to take a search at the Sales Price to List Price Ratio for Temecula. SP/LP ratio for Feb 09 was 99% compared to 99% for Feb 10. Let's take a short search at friends Lake Elsinore plus Murrieta. Lake Elsinore Real Estate featured a 3.91% increase inside median sales price ($172,886 Feb 09 - $179,642 Feb 10) plus Murrieta Real Estate saw a 4.83% increase ($268,306 Feb 09 - $281,266 Feb 10). Are houses inside Lake Elsinore plus Murrieta marketing quicker or slower this yr? Actually, Lake Elsinore experienced a 22.56% increase (45 to fifty-five days) inside median days on marketplace plus Murrieta saw a 71.40% increase (41 to 70 days). In the units sold type, Lake Elsinore sold 12 units less (-9.84%) inside Feb 2010 than 09 plus Murrieta sold 58 units less (-29.59%) inside Feb 2010 than Feb 09. Consult newest analysis plus find Homes
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