Temecula, CA Foreclosures
How much do homes sell for in Temecula, CA?
The average home price is currently $909,742.
In Temecula, CA, how many homes are available?
There are currently 65 active home listings available in Temecula.
What’s the average rental cost in Temecula, CA?
The average rental price in Temecula is $2,361.
What is the most expensive home in Temecula?
The most expensive home sold in Temecula had a price of $153,965,200.
What is currently the cheapest priced home in Temecula, CA?
The cheapest home for sale in Temecula is priced at $42,285.
Living in Temecula, CA
Temecula, CA is a picturesque city famous for its wineries and rich community spirit. With its blend of suburban charm and rural beauty, the area offers ample amenities, top-rated schools, and abundant recreational opportunities. Its convenient location allows easy access to larger Southern California cities, making it a desirable place to live.
Current Market Conditions in Temecula, CA
The current real estate market in Temecula shows steady growth, with a slight increase in home prices due to the continued demand for housing in the area. Investors and home buyers are attracted by the city’s amenities, schools, and proximity to larger urban centers. The housing supply has been somewhat limited, which may be contributing to the price increases observed this year.
Interest rates remain relatively low, making it an opportune time for first-time buyers to enter the market. However, as prices increase, affordability may become a concern for some buyers, particularly those looking for entry-level homes.
Home Value Estimator For Temecula, CA
There are currently 37,413 real estate properties
in Temecula, CA,
with a median automated valuation model (AVM) price
of $771,368.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Temecula, CA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Temecula, CA,
is $909,742.00, with the most expensive house
in Temecula, CA, topping out
at $153,965,200.00 and the cheapest home
in Temecula, CA,
clocking in at $42,285.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Temecula, CA!
Rent Prices
In Temecula, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Temecula, CA, is on
a rollercoaster ride. The
average rent price in Temecula, CA,
is $2,361.00. Indeed, when looking to rent in
Temecula, CA, you can expect to pay as little
as $920.00 or as much
as $5,940.00,
with the average rent median estimated to
be $2,330.00. The good news is that finding
an affordable and desirable property to rent in Temecula, CA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
