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October 10, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Murrieta, California

Reported by Bonnie Adamson, REALTOR

Updated September 13, 2008.

Current Market Rating: 3




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

Murrieta is known for its great schools and now for great homeownership opportunities.
Murrieta home sales are popping! As of September 2008 Murrieta is now down to a 4 months supply and listed homes are selling in about 73 days. This is a tremendous improvement. Most homes are selling in the high 200's and mid to high 300's. Things are definitely looking up for sellers and buyers should act now. FHA still seems to be the strongest loan trend.

ZIP Codes: 92562, 92563

Location Characteristics: A charming town that surrounds the I15/I215 freeway intersection. Almost everything is new here. Even the charming redone "Old Town" has a fresh face and lovely touches. The schools are great, the homes range in price from the mid $100's for condo/townhomes to over $1,000,000. Bargains are everywhere and yet the town has not lost its clean well kept feel.

For More Information:

View Market Conditions of other areas served by Bonnie Adamson

Navigate: Top > California > Murrieta

About Bonnie Adamson:
Accredited Staging Professional, Home Retention Consultant, Short Sale Specialist, Buyer's Agent


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.94%
15 Year Fixed: 5.63%
1 Year Adj: 5.15%
(U.S. Weekly Averages)

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