Are Home Prices Dropping? Housing Market Update Temecula, Murrieta, & Menifee - April 2024

This is the housing market update for Temecula, Murrieta, and Menifee in April 2024! In this video, I go over the latest figures from March 2024 to illustrate the current state of the housing market in the Temecula Valley. From median sales prices, days on market, and changes over the last year, I analyze these data to help consumers understand what is happening in the Temecula, Murrieta, and Menifee housing markets going into peak real estate season (spring!).

I'm Scott Dohrman with Real and if you enjoyed this video, please give it a like. If you have any questions please leave them in the comments section below, and I will do my best to answer every one of you. If you want to stay up to date with the housing market in the Temecula Valley area, subscribe to my channel and hit the 🔔 to receive notifications:
https://www.youtube.com/@movingtotemecula?sub_confirmation=1

Timestamps
0:00 - Intro
0:30 - Median Sales Price
1:01 - Mortgage Rates
1:13 - New Listings
1:25 - Active Listings
1:47 - Are Sellers Dropping Their Prices?
2:16 - Over-Asking Sales
2:29 - Inventory
3:14 - Seller Tips for Pricing
4:36 - Outro

#realestate #marketupdate #marketupdates #realestatemarket #realestatemarketupdate #homebuyers #homesellers #temecula #murrieta #menifee #housingmarket #mortgagerates #2024

RELOCATION QUESTIONNAIRE: https://forms.gle/UFdfrAh57RfxS29n7

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All data is sourced from SRCAR Infosparks Market Statistics and Freddie Mac: https://www.freddiemac.com/pmms

New Construction Playlist
COURTS - https://youtu.be/9DZ9eXwZk5Y
LUMINARY - https://youtu.be/FzCasjuCe3M
NEW HOMES STARTING IN THE $400's PART 1: https://youtu.be/2MX_VDX4F5U
NEW HOMES STARTING IN THE $400's PART 2:
https://youtu.be/zAxnJ8nSho4
CIMARRON RIDGE - New Construction: https://youtu.be/IWf3TxJwIoU
BOULDER CREEK - New Construction: https://youtu.be/sRQJQ_rWBOI
NOBLE AT AUDIE MURPHY RANCH - New Construction: https://youtu.be/_B9HExPJ_3c
REVEL AT SOMMERS BEND - New Construction: https://youtu.be/eBgrepXOtxk

Thank you for watching!

Тэги:

#are_home_prices_dropping #are_home_prices_going_to_drop #are_home_prices_going_to_drop_in_california #are_home_prices_going_down #when_will_home_prices_drop #will_home_prices_drop_in_2024 #will_home_prices_go_down #will_home_prices_ever_go_down #will_home_prices_crash #home_prices_and_interest_rates #temecula_california #murrieta_california #menifee_california

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