Real Estate Market Update for 92591 (Temecula, CA)
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was up 16% from one year earlier and down 18% from the previous month Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month... was just under 400-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 18% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 340-thousand dollars. The number of units sold Decreased 15% year-over-year and Decreased 22% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 92591 (Temecula, CA)
Area Information for 92591 (Temecula, CA)
  • Community Character: Significant Percentage of Family Households, Very Rapid Population Growth, High Residential Turnover, Suburb of Riverside
  • Population: 47,765
  • Median Age: 33.31 yr
  • Median Commute Time: 22.48 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 97
  • Sales Tax: 11%
  • Population Density: 3,107/sq mi
  • Population Change Since 2000: 91%
  • Closest Airport: March Arb
  • Closest College: Ca State University San Marcos
  • Closest Jr. College: Prof Golfers Career Coll
  • Median Household Income: $78,266
  • Annual Residential Turnover: 24%
  • Median Years in Residence: 2.67 yr
  • Median Home Sales Price: $250,000
  • Closest Major Sports Team: Lake Elsinore Storm (a)
  • Change Avg. Household Income Since 2000: 36%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 92591 (Temecula, CA)
Median Age: 33.31 Married: 46% Number of Households: 15,222 Households with Children: 7,706
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 92591 (Temecula, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Rancho Elementary School 0.5 mi Public K-5 4-5 3
      Nicolas Valley Elementary School 1.5 mi Public K-5 4 3
      Margarita Middle School 1.7 mi Public 6-8 4 4
      James L. Day Middle School 2.2 mi Public 6-8 3-5 4
      Chaparral High School 2.4 mi Public 9-12 3-5 4
      Abc Childcare Center 2.4 mi Private PRESCHOOL-K 0 4
      Temecula Elementary School 2.5 mi Public K-5 3 3
      Kindercare Learning Center 2.6 mi Private PRESCHOOL-K 0 0
      Abc Village 2.8 mi Private PRESCHOOL-K 0 0
      Kindercare Learning Center 3.0 mi Private PRESCHOOL-K 0 0
      Ysabel Barnett Elementary School 3.0 mi Public K-5 4-5 4
      Mercury Online Academy Of Southern California 3.1 mi Public K-10 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for 92591 (Temecula, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.