Perfect weather, outstanding wine tasting, gorgeous scenery, and award-winning golf courses are drawing young professionals and families to the Temecula real estate market. The city offers master-planned neighborhoods and communities that are much quieter and affordable than surrounding Southern California areas. The city’s highly rated schools and low crime rate makes Temecula one of the best places to raise a family.
The selling price of a home is much lower than the average cost you’ll typically see in Southern California. Temecula has a thriving economy, with job growth over the next ten years projected to reach nearly 40%. The top industries in the area include healthcare, arts, education, social assistance, food service, manufacturing, retail, entertainment, and recreation. Below are some of the current real estate market trends in June 2021:
Average Sales Price: $637,000
Average Price Per Square Foot: $284
Average Days on Market: 14
Sales Price vs. Listed Price: 3.6% over listing price
MFI Works is Here To Help
At MFI Works, we understand that purchasing a home can be overwhelming and complicated, which is why we’re here to help! The Temecula real estate market is quite favorable compared to other nearby cities. Our monthly advisory program will help turn your dream of owning real estate into a reality. We’ll guide you through tax planning, loan + property coaching and coordinating, and real estate knowledge. If you need help with real estate, tax planning, or business financials, contact us! You can reach us by scheduling a consultation through our website.
