With the month of October well underway we are still
experiencing hot temperatures and I’m sure I’m not alone when I say that I am
ready for it to cool off. In this month’s market analysis we will take a look at
what Menifee’s real estate market is doing for the month of October. As always
my stats are based on single family, detached residences, with 3+ bedrooms, and
In the month of September we had 87 homes close vs. August’s number of 94, which is a slight drop in homes by 7%. This is still very much a seller’s market with the supply of homes being so small. Moving onto the sold home price, in August we were looking at an average selling price of $214,774 and we have increased that number to $218,121 in September. The number of days homes are remaining on the market also improved some.