Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 73% from one year earlier and down 14% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 300-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 4% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was 250-thousand dollars. Overall, The number of units sold Decreased 10% year-over-year and Increased 5% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. 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 Wildomar, CA
Area Information for Wildomar, CA
Population:30,238
Median Age:31.29 yr
Median Commute Time:30.48 mins
Educational Climate*:3
Recycling Likelihood**:100
Sales Tax:11%
Population Density:1,282/sq mi
Population Change Since 2000:52%
Closest Airport:March Arb
Closest College:California Baptist University
Closest Jr. College:Prof Golfers Career Coll
Median Household Income:$69,935
Annual Residential Turnover:17.09%
Median Years in Residence:3.24 yr
Median Home Sales Price:$195,000
Closest Major Sports Team:Lake Elsinore Storm (a)
Change Avg. Household Income Since 2000:41%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Wildomar, CA
Median Age: 31.29Married: 46%Number of Households: 9,357Households with Children: 4,715
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)