9
6 Year Regional Housing Summary Temecula, Murrieta, Lake Elsinore, Menifee, Wildomar, Canyon Lake Single Family Residential - Full Value Sales * Prepared by [email protected] 2004 2005 2006 2007 2008 2009 Temecula # Sales 1,975 1,742 1,141 805 1,569 1,334 Median $ $437,158 $484,978 $526,237 $475,522 $337,735 $289,875 Total $ $863,387,544 $844,831,095 $600,261,385 $382,795,143$529,906,738$386,693,250 Avg $ / SqFt $222 $249 $252 $251 $152 $124 Murrieta # Sales 1,679 1,661 1,252 687 2,054 1,666 Median $ $432,511 $488,747 $530,912 $473,562 $304,466 $271,107 Total $ $726,186,109 $811,809,044 $664,702,241 $325,336,865$625,373,335$451,664,262 Avg $ / SqFt $204 $227 $231 $206 $126 $105 Wildomar # Sales 361 327 317 218 473 287 Median $ $393,540 $442,018 $463,920 $435,608 $296,054 $225,739 Total $ $142,067,790 $144,539,913 $147,062,772 $94,962,580 $140,033,463 $64,787,093 Avg $ / SqFt $218 $242 $238 $246 $149 $97 Lake Elsinore # Sales 924 1,054 700 335 1,154 959 Median $ $306,607 $363,543 $431,158 $366,358 $183,819 $179,965 Total $ $283,304,406 $383,174,322 $301,810,425 $122,729,874$264,169,930$172,586,435 Avg $ / SqFt $197 $237 $265 $221 $121 $87 Menifee # Sales 820 763 520 498 1,005 651 Median $ $323,138 $364,695 $418,974 $370,671 $259,504 $201,899 Total $ $264,972,818 $278,262,603 $217,866,263 $184,594,241$260,801,185$131,436,249 Avg $ / SqFt $197 $214 $215 $190 $119 $91 Canyon Lake # Sales 468 342 286 133 330 306 Median $ $443,384 $480,200 $567,071 $548,205 $300,561 $241,416 Total $ $207,503,712 $164,228,400 $162,182,306 $72,911,265 $99,185,130 $73,873,296 Avg $ / SqFt $225 $264 $289 $271 $148 $114 * Summary data courtesy of Chicago Title & MRMLS. All figures presumed to be accurate but not guaranteed. January 2010

Southwest California 2009 Housing Recap

Embed Size (px)

Citation preview

Page 1: Southwest California 2009 Housing Recap

6 Year Regional Housing SummaryTemecula, Murrieta, Lake Elsinore, Menifee, Wildomar, Canyon Lake

Single Family Residential - Full Value Sales *Prepared by [email protected]

2004 2005 2006 2007 2008 2009Temecula

# Sales 1,975 1,742 1,141 805 1,569 1,334Median $ $437,158 $484,978 $526,237 $475,522 $337,735 $289,875

Total $$863,387,544 $844,831,095 $600,261,385 $382,795,143$529,906,738$386,693,250Avg $ / SqFt $222 $249 $252 $251 $152 $124

Murrieta# Sales 1,679 1,661 1,252 687 2,054 1,666

Median $ $432,511 $488,747 $530,912 $473,562 $304,466 $271,107Total $ $726,186,109 $811,809,044 $664,702,241 $325,336,865$625,373,335$451,664,262

Avg $ / SqFt $204 $227 $231 $206 $126 $105

Wildomar# Sales 361 327 317 218 473 287

Median $ $393,540 $442,018 $463,920 $435,608 $296,054 $225,739Total $ $142,067,790 $144,539,913 $147,062,772 $94,962,580 $140,033,463 $64,787,093

Avg $ / SqFt $218 $242 $238 $246 $149 $97

Lake Elsinore# Sales 924 1,054 700 335 1,154 959

Median $ $306,607 $363,543 $431,158 $366,358 $183,819 $179,965Total $ $283,304,406 $383,174,322 $301,810,425 $122,729,874$264,169,930$172,586,435

Avg $ / SqFt $197 $237 $265 $221 $121 $87

Menifee# Sales 820 763 520 498 1,005 651

Median $ $323,138 $364,695 $418,974 $370,671 $259,504 $201,899Total $ $264,972,818 $278,262,603 $217,866,263 $184,594,241$260,801,185$131,436,249

Avg $ / SqFt $197 $214 $215 $190 $119 $91

Canyon Lake# Sales 468 342 286 133 330 306

Median $ $443,384 $480,200 $567,071 $548,205 $300,561 $241,416Total $ $207,503,712 $164,228,400 $162,182,306 $72,911,265 $99,185,130 $73,873,296

Avg $ / SqFt $225 $264 $289 $271 $148 $114

* Summary data courtesy of Chicago Title & MRMLS. All figures presumed to be accurate but not guaranteed.

January 2010

Page 2: Southwest California 2009 Housing Recap

0

50

100

150

200

250

300

350

400

450

On Market (Supply)

Pending Closed (Demand) Days on Market % Selling Months Supply

320

293

159

59

68

2

431

299

193

52

70

2.2

286 2

41

133

59

73

2.1

188

174

87

55

67

2.2

80 5

7 30

79

72

2.5

95

38

25

64

67

3.8

Temecula Murrieta Lake Elsinore Menifee Wildomar Canyon Lake

0

50

100

150

200

250

300

350

400

450

500

9/04 9/05 9/06 9/07 9/08 9/09

Murrieta Temecula Lake Elsinore Menifee Wildomar Canyon Lake

6 Year Regional Housing Graph

December Demand Chart

Page 3: Southwest California 2009 Housing Recap

0

50

100

150

200

250

300

350

400

450

500

Mar-08 Jun-08 Sep-08 Dec-08 Mar-09 Jun-09 Sep-09 Dec-09Temecula Murrieta Lake Elsinore Menifee Wildomar Canyon Lake

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

Mar-08 Sep-08 Mar-09 Sep-09

Temecula Murrieta Lake Elsinore Wildomar Menifee Canyon Lake

Southwest California – 24 Month Home Sales

Median Price

Page 4: Southwest California 2009 Housing Recap

758 Pre-foreclosure

387 Bank-Owned

Maps Courtesy of:ForeclosureRadar

Page 5: Southwest California 2009 Housing Recap

643 Pre-foreclosure

276 Bank-Owned

Maps Courtesy of:ForeclosureRadar

Page 6: Southwest California 2009 Housing Recap

333 Bank-Owned

494 Pre-foreclosure

Maps Courtesy of:ForeclosureRadar

Page 7: Southwest California 2009 Housing Recap

84 Bank-Owned

153 Pre-foreclosure

Maps Courtesy of:ForeclosureRadar

Page 8: Southwest California 2009 Housing Recap

172 Bank-Owned

292 Pre-foreclosure

Maps Courtesy of:ForeclosureRadar

Page 9: Southwest California 2009 Housing Recap

78 Bank-Owned

99 Pre-foreclosure

Maps Courtesy of:ForeclosureRadar