Temecula Housing Market Update
The July 2025 real estate numbers for Temecula housing market and surrounding areas — including Murrieta, Menifee, Wildomar, Lake Elsinore, and Fallbrook — are in, and they paint an interesting picture. While official data still labels this a seller’s market, on-the-ground activity is starting to favor buyers.
Key July Stats:
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Months of Inventory: 4.57 (up from 4.55 in June)
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Sold-to-List Price Ratio: 99.1% (virtually unchanged from June)
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Days on Market: 29 (up from 24 in June)
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Median Sold Price: $745,000 (down from $750,000 in June)
These subtle shifts — slightly longer days on market, a small price dip, and growing inventory — indicate that sellers are facing more competition. Active listings reached 479, and new listings totaled 227.
What This Means for Buyers
More homes are sitting on the market, creating opportunities for negotiation. Many sellers are offering credits to cover closing costs or buy down mortgage interest rates, a tactic that can save buyers thousands over the life of a loan. For VA buyers, who already benefit from zero down payment, credits can further reduce out-of-pocket costs.
Why Buying Now Could Make Sense
Waiting for interest rates to drop might seem smart, but history shows that lower rates often trigger higher home prices due to increased competition. Buying now, then refinancing later if rates drop, could secure you a home at today’s price before demand surges.
Pro Tip: Use MortgageCalculator.org to estimate your monthly payment based on home price, down payment, interest rate, taxes, and insurance.
Whether you’re buying or selling, understanding these trends is key to making confident real estate decisions. If you have questions about how these numbers affect your plans, reach out — I’m here to help.
