Murrieta, CA Market Update for November 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: 51.0%*

Average	October 2007	November 2007	% Change
Asking Price	$407,483	$409,128	0.4%
Sales Price	$391,345	$393,852	0.6%
% of Asking Price	96%	96%	0.0%
$/SQFT	$159	$157	-1.3%
Days on Market	95	91	-4.2%
Total Transactions	69	52	-24.6%

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 12/17/2007: 2,088 properties on the market with 1,065 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.