Still good news for Home Owners in Temecula, CA. The Real Estate market continues to show positive signs of staying strong & increasing despite the rise in interest rates since the 1st of the year. Want to sell a home in Temecula? Don't stay on the fence. We still lack inventory overall. We need more homes on the market to satisfy the ever growing buyer demand. Average price for a Single Family Home in Temecula for Feb 2024 was $795,000 w/ $369 per sq. ft being the Average. Average price for a Single Family Home in Temecula for Feb 2023 was $798,000 w/ $331 per sq. ft as the average. So, even though the average sales price came down there was a big increase in price per sq. ft. If you have been waiting to sell your home or buy a new home until the interest rates come down......don't wait! It is not going to happen anytime soon. It is time to figure out how to make your move, regardless of where the interest rates are. Don't forget to like, comment, and subscribe for more insightful real estate updates! On our Channel we give Home Seller tips & reminders, along with tips & info to Home Buyers. Lori Cutka, REALTOR ® Phone 951.719.6132 Matt Cutka, REALTOR ®Phone 951.219.6919 Email: Lori@thecutkateam.com/ Email: Matt@thecutkateam.com CA DRE# 01408857 Big Block Realty, Inc DRE Lic. #0188575 Subscribe to our channel here: 👇👇👇👇👇👇👇✅
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