Featured Property: 27569 Viridian #1, Murrieta 92562.
Click here to view this property’s details. Listing courtesy of S.Gutierrez /Windermere Re. King Realty Gr.
Murrieta CA Condos and Townhomes for Sale: February 16, 2012.
Looking for Murrieta houses for sale? The Murrieta Condo and Townhome housing market has plenty to offer.
There are 43 Condos and Townhomes for sale in Murrieta CA with a median home price of $155,000 and a median price-per-square-foot of $100.42, according to the California Regional MLS (Multiple Listing Service).
Just a few of the Condos and Townhomes for sale in Murrieta are shown in the table below. Click here to view the complete list of Murrieta Condos and Townhomes for Sale.
Data courtesy of the California Regional MLS (Multiple Listing Service). The information provided is deemed reliable, but is not guaranteed, and is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
PRICE TRENDS AND ABSORPTION RATES
Buying a house? Selling a house? Whether you’re a home buyer or a home seller, you need to know about two things: Price Trends and Absorption Rates. Why? Because these two factors can help you better determine whether it’s a buyer’s market or a seller’s market, and what the home’s fair market value is.
Follow the link to check out Murrieta Condo and Townhome Price Trends!
Follow the link to check out Murrieta Condo and Townhome Absorption Rates!
Copyright ©2012 Bill Burchard
Murrieta CA Condo Prices - Median: $125,000; Median SqFt: $93.28, February 16, 2012.
There were 70 condos and townhomes for sale in Murrieta CA that closed (sold) during the past 90 days with a median home price of $125,000 and a median price-per-square-foot of $93.28, according to the California Regional MLS (Multiple Listing Service).
Last month, 68 townhomes and condos for sale closed with a median sales price of $121,000 and a median price-per-square-foot of $94.16. One year ago, 75 townhomes and condos for sale closed with a median sales price of $119,000 and a median price-per-square-foot of $93.73.*
The charts on the right show the median sold price trends for condominiums and townhomes in the City of Murrieta. (Sold prices are the actual amount that buyers paid for the home.) The first chart shows sold prices over the past 24 months. The second chart shows sold prices since 2002. The blue SOLD line in each chart shows the month-to-month fluctuations in sold prices. The red TREND line smoothes the month-to-month fluctuations using a 12-month moving average. The TREND line makes it easier to determine the overall housing market’s price trend.
Click here for info on Murrieta Condos and Townhomes for Sale.
ABSORPTION RATES
Buying a house? Selling a house? Whether you’re a home buyer or a home seller, you need to know about absorption rates. Why? Because knowing neighborhood absorption rates can help you better determine whether it’s a buyer’s market or a seller’s market, and what the home’s fair market value is.
Follow the link to check out Murrieta Condo and Townhome Absorption Rates!
*The values shown for each month are based on data measured during the prior 90 days of activity. For example, values shown for December 2011 are based on data measured from the beginning of October 2011 through the end of December 2011. The information provided is deemed reliable, but is not guaranteed.
Copyright ©2012 Bill Burchard
Murrieta CA Condo and Townhome Absorption Rates - February 16, 2012.
Buying a house? Selling a house? Whether you’re a home buyer or a home seller, you may want to know whether it’s a buyer’s market, a seller’s market, or a stable market.
In a buyer’s market, home buyers have the upper hand and can drive hard bargains for their dream home.
In a seller’s market, sellers have the advantage and can demand top dollar for their home.
In a stable market, the bargaining advantage is balanced between buyers and sellers.
The Absorption Rate Trend chart (top) shows the twelve month absorption rate trend over the past several months for Murrieta Condos and Townhomes. When the green line is trending between 0-5 months, it’s considered a Seller’s Market. When the green line is between 5-7 months, it’s considered a Stable Market. When the green line is above 7 months, then it’s considered a Buyer’s Market.
The Absorption Rate Per Sold Price chart (center) compares the absorption rates for Murrieta Condos and Townhomes priced below the average sold price versus homes priced above the average sold price. This chart is useful for determining how many months a home may take to sell based upon its asking price. As you might expect, the chart suggests that homes priced below the average will sell sooner than homes priced above the average.
The Absorption Rate Per Square Foot Price chart (bottom) compares the absorption rates for sold Murrieta Condos and Townhomes priced below the average square foot price versus homes priced above the average square foot price. As with the Absorption Rate Per Sold Price chart (center), this chart also suggests that homes priced below the average will sell sooner than homes priced above the average.
Click here for info on Murrieta Condo and Townhome Price Trends.
Click here for info on Murrieta Condos and Townhomes for Sale.
UNDERSTANDING ABSORPTION RATES
How can you determine whether it’s a buyer’s market or a seller’s market? By looking at housing market absorption rates.
Copyright ©2012 Bill Burchard
Featured Property: 23785 Corte Carrio, Murrieta 92562.
Click here to view this property’s details. Listing courtesy of W.Ryan /Prudential California-Murrieta.
Murrieta CA Single Family Homes for Sale: February 16, 2012.
Looking for Murrieta houses for sale? The Murrieta Single Family Home housing market has plenty to offer.
There are 459 Single Family Homes for sale in Murrieta CA with a median home price of $269,000 and a median price-per-square-foot of $110.57, according to the California Regional MLS (Multiple Listing Service).
Just a few of the Single Family Homes for sale in Murrieta are shown in the table below. Click here to view the complete list of Murrieta Single Family Homes for Sale!
Data courtesy of the California Regional MLS (Multiple Listing Service). The information provided is deemed reliable, but is not guaranteed, and is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
PRICE TRENDS AND ABSORPTION RATES
Buying a house? Selling a house? Whether you’re a home buyer or a home seller, you need to know about two things: Price Trends and Absorption Rates. Why? Because these two factors can help you better determine whether it’s a buyer’s market or a seller’s market, and what the home’s fair market value is.
Follow the link to check out Murrieta Single Family Home Price Trends!
Follow the link to check out Murrieta Single Family Home Absorption Rates!
Copyright ©2012 Bill Burchard
Murrieta CA Home Prices - Median: $245,199; Median SqFt: $99.27, February 16, 2012.
There were 130 homes for sale in Murrieta CA that closed (sold) during the past 30 days with a median home price of $245,199 and a median price-per-square-foot of $99.27, according to the California Regional MLS (Multiple Listing Service).
Last month, 125 single family houses for sale closed with a median sales price of $253,000 and a median price-per-square-foot of $101.12. One year ago, 145 single family houses for sale closed with a median sales price of $254,500 and a median price-per-square-foot of $101.87.*
The charts on the right show the median sold price trends for single family homes in the City of Murrieta. (Sold prices are the actual amount that buyers paid for the home.) The first chart shows sold prices over the past 24 months. The second chart shows sold prices since 2002. The blue SOLD line in each chart shows the month-to-month fluctuations in sold prices. The red TREND line smoothes the month-to-month fluctuations using a 12-month moving average. The TREND line makes it easier to determine the overall housing market’s price trend.
Click here for info on Murrieta Homes for Sale.
ABSORPTION RATES
Buying a house? Selling a house? Whether you’re a home buyer or a home seller, you need to know about absorption rates. Why? Because knowing neighborhood absorption rates can help you better determine whether it’s a buyer’s market or a seller’s market, and what the home’s fair market value is.
Follow the link to check out Murrieta Single Family Home Absorption Rates!
*The values shown for each month are based on data measured during the prior 30 days of activity. For example, values shown for December 2011 are based on data measured from the beginning of December 2011 through the end of December 2011. The information provided is deemed reliable, but is not guaranteed.
Copyright ©2012 Bill Burchard
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Bill Burchard, Broker, REALTOR ® specializes in Murrieta homes for sale, and Murrieta foreclosures (Bank REO ‘s) & short sales. Serving home buyers’ & home sellers’ Murrieta real estate needs.
Murrieta Real Estate, Murrieta Foreclosures (Bank REO ‘s), Murrieta Short Sales
Bill Burchard provides residential real estate services to home buyers searching for homes for sale, and homes sellers looking to list their house for sale in southwest
Riverside County, California. Bill is ready to help you with:
Bill Burchard is a Residential Real Estate Broker licensed by the California Department of Real Estate, DRE #01864774, and is a member of:
3B Realty / Bill Burchard, Broker, REALTOR ®/ Cell: 951-347-3818 / Email: Bill@my3BRealty.com
SFR - Short Sales Foreclosure Resource
Bill Burchard is Short Sales Foreclosure Resource (SFR) certified. The SFR certification is awarded to those who complete specialized training that provides a framework for guiding distressed sellers through the short sales process. This includes qualifying sellers for short sales, developing a short-
sale package to submit to the seller's lender, and negotiating with lenders on the seller's behalf.
CBRS™ - Certified BPO/REO Specialist
Bill Burchard holds the Certified BPO/REO Specialist (CBRS) designation. CBRS designation is awarded to individuals who complete specialized training for accurately assessing property values and then rendering accurate Broker Price Opinions (BPO). Also, CBRS designees are trained to effectively manage Bank REO ‘s
(Bank Foreclosures and Real Estate Owned properties). This includes excuting Cash For Keys (CFK) procedures, proper posting, tracking, and property management, trash outs and sales cleans, and marketing.
3B Realty / Bill Burchard, Broker, REALTOR ® / Cell: 951-347-3818 / Email: Bill@my3BRealty.com
Rudy, Corona, CA, on selling his home: “I can’t believe how fast you sold our home! You found us the best qualified buyer and we closed escrow in 30 days. Thank you.”
Katherine, Moreno Valley, CA, on her home purchase: “I LOVE my new home! Thank you, thank you, thank you!”
Angela, Murrieta, CA, on her investment property purchase: “I sincerely appreciate all your hard work in helping me find and purchase this property. Your efforts really paid off for me.”
Stephanie, Woodcrest, CA, on her home purchase: “Every morning when I get up, I still can't believe this home is ours. I think I've been working non-stop on the house and enjoying every minute of it. We have you to thank for helping us through this. We are so very thankful.”
Mary, Menifee, CA, on her home purchase: “This is my dream home. I never thought I could afford it, but here I am. Thank you for all you did to make this happen.”
3B Realty / Bill Burchard, Broker, REALTOR ® / Cell: 951-347-3818 / Email: Bill@my3BRealty.com
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