Tag Archives: Temecula

California April 2020 Sales Report

home real estate

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April 2020 Home Sales and Price Report-taken from car.org 5-26-20
California’s housing market feels full brunt of coronavirus outbreak in April, C.A.R. reports

• Existing, single-family home sales totaled 277,440 in April 2020, down 25.6% from March and down 30.1% from April 2019.

• April’s statewide median home price was $606,410, down 1.0% from March and up 0.6% from April 2019.

• The statewide unsold inventory index jumped to 3.4 months in April from 2.7 months in March and was unchanged from last April.

• The median number of days it took to sell an existing, single-family home fell significantly from a year ago, declining from 21 days in April 2019 to 13 days in April 2020.

• C.A.R.’s sales-to-list price ratio was 100% statewide in April 2020, up from 98.9% in April 2019.

• The average statewide price per square foot for an existing, single-family home was $284 in April 2020 and $289 in April 2019.

• The 30-year, fixed-mortgage interest rate averaged 3.31% in April, down from 4.14% in April 2019, according to Freddie Mac.

Some pockets of the state are not experiencing the pandemic results the same.  And some data will be different based on price range.  This article is an overview of the entire state of California.

Are you wondering how your property may have been impacted and what the current value might be?  Give us a call, email or text if you are in Southwest Riverside County!

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Gary and April Greer (951) 522-0518 or april@teamgreer.com

CAL Dre # 01240571 / 01235358

 

Temecula Round One

Round One Entertainment — a Japanese company that runs Dave & Buster’s entertainment centers featuring bowling, karaoke, pool tables and arcade games — is opening a new location in Temecula’s Promenade mall. The Temecula location is expected to open in the spring of 2019, the city’s release states. The 50,000 square-foot center will be located on the first floor of the Sears building, according to a city of Temecula press release.

The owner of the building, Seritage Growth Properties, plans to redevelop the first floor to accommodate Round 1, “small shop” retail stores and restaurants. A streamlined version of Sears, which announced earlier this year that it was closing 100 more stores, will continue to operate on the second floor.

Round 1, which has a few locations in Southern California, offers beer, wine and food and some locations have video games that are exclusive to the company’s centers.

“The addition of Round 1 is just another example of how the (mall) is evolving with current retail trends, providing a well-balanced mix of retailers, restaurant offerings and entertainment” said Promenade General Manager Jeff Kurtz in a statement.

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Taken from the Press Enterprise news release.

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Best Deal 5 Bedroom Temecula

JUST LISTED EASTGATE

Riverside County March 2018

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Just Sold by TeamGreer, Temecula

jUST SOLD RED PINE

Temecula Summer Activities

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Temecula Valley Fair 2016

 

fair

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Pumpkin Patch, Peltzer Farms, Temecula

0422011 104OPEN NOW THRU HALLOWEEN! 39925 Calle Contento, Temecula, CA 92591 in Temecula Wine Country off of Rancho California Road (951) 695-1115

Activities include: Pony Rides, pig races, corn maze, gem panning, petting farm and lots and lots of pumpkins and photo opportunities.

Check the website for times and fees  for activities at  peltzerfarms.com 

The corn maze is a free activity and super tall this year!

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Huge Neighborhood Garage Sale, South Temecula

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This Saturday, October 3rd, 2015   7am to 1pm
Neighborhoods off of Temecula Parkway (79South) just past Butterfield Stage Road on the right hand side.  Follow the black and gold garage sale signs!
  • Temecula Creek

  • Oak Creek

  • Berringer Creek

Want to buy or sell a home with a team that gives back to the community?  Give us a call, text or email to get started at (951) 522-0518 or april@teamgreer.com

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Southern California October 2013 Real Estate

“SOUTHLAND”

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includes Riverside, San Bernardino, San Diego, LA and Orange Counties:

Cash Buyers accounted for 27.5% of October 2013 Southland home sales, compared with 32.8% the year before. They paid a median price of $337,000, up 34.8% from a year earlier. Since 1988 the monthly average for cash buyers is 16.3%.

Absentee buyers (investors) bought 26.5% of Southland homes sold in October 2013. Absentee buyers paid a median price of $316,000, up 30.8% from a year earlier. The monthly average for absentee buyers since 2000 is 18.4%.

All lenders combined provided $5.7 billion in mortgage money to Southern California home buyers in October 2013. Home buyers in October put $4.3 billion of their own money on the table in the form of a down payment or as an outright cash purchase.

Foreclosure re-sales (properties foreclosed on in the prior 12 months) made up 6.3% of the Southland re-sale market in October 2013, the lowest level since it was 5.5% in May of 2007. That was down from 16.3% in October 2012. Foreclosure re-sales peaked at 56.7% in February 2009.

Short sales made up an estimated 12.9% of Southland re-sales in October 2013. That was down from 27.2% in October 2012.

The typical monthly payment that a Southland buyer committed themselves to paying in October 2013 was $1,499.00, up from $1,115.00 a year earlier. Adjusted for inflation, last month’s typical monthly payments are 48.8% below the current cycle peak of July 2007.

*Median Price=half more/half less. * All information deemed reliable but not guaranteed. For questions or financial, tax or estate planning, we suggest you contact an attorney or certified public accountant. Data taken from dqnews.com 11-12-13

Curious what this all means for your your home in Southwest Riverside County…what we refer to as the Temecula Valley? Reach out to us however you feel comfortable and we can give you an idea of what your home is worth by providing you with details on the sales around you that have occurred most recently.

Gary and April Greer at 951-522-0518 or email us at april@teamgreer.com
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