Here is a report on the real estate resales in Hemet, San Jacinto and the surrounding areas in Riverside County. This is a comparison of the number of homes sold resale plus their average prices in October of 2007 with the homes sold and average prices in the same month last year.
Riverside County
| October Comps | Sales |
| October Avg Price | Avg Price | ||
Aguanga
| 2 | n/a | n/a |
| $222,500 | n/a | n/a |
Anza
| 3 | 1 | 200% |
| 285,519 | $190,000 | -50.3% |
Banning
| 41 | 49 | -16.3% |
| $247,430 | $297,765 | -16.9% |
Beaumont
| 46 | 46 | 0.0% |
| $314,708 | $372,076 | -15.4% |
Hemet
| 135 | 128 | 5.5% |
| $247,882 | $302,230 | -18.0% |
Homeland
| 1 | n/a
| n/a |
| $382,050 | n/a
| n/a |
Idyllwild
| 13 | 17 | -23.5% |
| $269,331 | $286,353 | -5.9% |
Menifee
| 59 | 43 | 37.2% |
| $326,731 | $407,942 | -19.9% |
Murrieta
| 213 | 142 | 50.0% |
| $406,663 | $509,989 | -20.3% |
Nuevo
| 3 | 7 | -57.1% |
| $253,195 | $458,143 | -44.7% |
Perris
| 89 | 82 | 8.5% |
| $292,497 | $399,693 | -26.8% |
Romoland
| 19 | 10 | 90.0% |
| $298,962 | $326,000 | -8.3% |
San Jacinto
| 75 | 67 | 11.9% |
| $259,429 | $338,255 | -23.3% |
Temecula
| 153 | 119 | 28.6% |
| $530,643 | $499,532 | 6.2% |
Winchester
| 26 | 19 | 36.8% |
| $381,163 | $471,421 | -19.1% |
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Joey Aszterbaum is the Hemet Home Loan Guy and a member of the Active Rain social network since 11/06.
The Hemet Home Loan Team serves Hemet, Riverside County and Southern California. To buy or refinance, visit www.HemetHomeLoans.com. Are you a Realtor? Free business support at www.RealAgentHelp.com
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Joey,
Thaks for the update, but I think you have an error when it comes to ANZA...
Also, is it possible you have the 2006 and 2007 number of sales reversed?
Have a Blessed Day,
John Occhi, REALTOR®
Mission Grove Realty
Joey, interesting stats...your volume isn't too bad and is actually quite good in some areas but your price trends are a bit scary! ( I think ANZA should be a positive number not a negative). I had heard that the high desert was hurting a bit...but you are having good volume!
Joey, I read these figures earlier but they seem to show confusing data. Some sales areas are actually up where the feeling in the field suggests different.
Thanks for the info.
wheres the update Joey? It would be very interesting to take January 2008 numbers and compare to what you have here. A year end post and comparison would be good for all to see as well.
Christopher Walker
Mission Grove Realty
Riverside County, CA
Chris: I absolutely agree. I took November-now off from the online thing. Give me a bit to work this up.