Murrieta, CA Market Update for July 2007

Here are the latest real estate market statistics for Murrieta, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 44.8%*

Average	June 2007	July 2007	% Change
Asking Price	$442,627	$516,530	16.7%
Sales Price	$435,077	$498,415	14.6%
% of Asking Price	98%	96%	-2.0%
$/SQFT	$197	$212	7.6%
Days on Market	65	81	24.6%
Total Transactions	107	84	-21.5%

Search for homes in Murrieta, CA and read a neighborhood overview of the Murrieta, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 2,241 properties on the market with 1,003 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.