Murrieta, CA Housing Market
The Murrieta housing market is very competitive. Homes in Murrieta receive 4 offers on average and sell in around 24 days. The median sale price of a home in Murrieta was $650K last month, down 2.6% since last year. The median sale price per square foot in Murrieta is $320, up 7.4% since last year.
Murrieta Housing Market Trends
In May 2024, Murrieta home prices were down 2.6% compared to last year, selling for a median price of $650K. On average, homes in Murrieta sell after 24 days on the market compared to 18 days last year. There were 114 homes sold in May this year, up from 112 last year.
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How hot is the Murrieta housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 26 days.
- Hot homescan sell for about 2% above list price and go pending in around 10 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 22 days.
- Hot homescan sell for about 3% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 33 days.
- Hot homescan sell for about 2% above list price and go pending in around 12 days.
Murrieta Migration & Relocation Trends
- Across the nation, 5% of homebuyers searched to move into Murrieta from outside metros.
- San Francisco homebuyers searched to move into Murrieta more than any other metro followed by New York and Seattle.
- 79% of Murrieta homebuyers searched to stay within the Murrieta metropolitan area.
- San Diego was the most popular destination among Murrieta homebuyers followed by Las Vegas and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,361 | ||
2 | 1,791 | ||
3 | 276 | ||
4 | 32 | ||
5 | 16 | ||
6 | 16 | ||
7 | 11 | ||
8 | 11 | ||
9 | 6 | ||
10 | 6 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 12,739 | ||
2 | 6,357 | ||
3 | 3,917 | ||
4 | 3,856 | ||
5 | 2,554 | ||
6 | 2,168 | ||
7 | 1,978 | ||
8 | 1,646 | ||
9 | 1,611 | ||
10 | 1,528 |
Home offer insights for Murrieta
Recent offers
- Offer Not Accepted|5 Weeks Ago~$500K OfferSold for $500K3 bd | 2.25 ba | ~1,750 sqftUnder List Price4%Days on Market28Competing Offers3Down Payment~30%
- Offer Not Accepted|10 Weeks Ago~$800K OfferSold for $800K5 bd | 4 ba | ~3,500 sqftOver List Price2%Days on Market8Competing Offers2Down Payment<10%
- Offer Not Accepted|12 Weeks Ago~$700K OfferSold for $750K4 bd | 2.5 ba | ~2,000 sqftOver List Price2%Days on Market5Competing Offers3OfferAll Cash
- Offer Not Accepted|12 Weeks Ago~$650K OfferSold for $650K4 bd | 3 ba | ~1,750 sqftUnder List Price3%Days on Market35Competing Offers5Down Payment~50%
View houses in Murrieta that sold recently
Recently sold homes
- $714,900 Last Sold Price4 beds4 baths3,066 sq ft29915 Rose Blossom Dr, Murrieta, CA 92563List Price$699,900Sale to List2% over listDays on Market60 days29915 Rose Blossom Dr, Murrieta, CA 92563
- $630,000 Last Sold Price3 beds2 baths1,575 sq ft25267 Corte Sombrero, Murrieta, CA 92563Team Integrity RealtyList Price$630,000Sale to List0% over listDays on Market28 days25267 Corte Sombrero, Murrieta, CA 92563
- $535,000 Last Sold Price3 beds2 baths1,767 sq ft39920 Via Oporta, Murrieta, CA 92562List Price$550,000Sale to List3% under listDays on Market192 days39920 Via Oporta, Murrieta, CA 92562
- $650,000 Last Sold Price3 beds2 baths1,940 sq ft37543 River Oats Ln, Murrieta, CA 92563List Price$650,000Sale to List0% over listDays on Market25 days37543 River Oats Ln, Murrieta, CA 92563
- $735,000 Last Sold Price4 beds3.5 baths2,706 sq ft31751 Whitedove Ln, Murrieta, CA 92563List Price$735,000Sale to List0% over listDays on Market0 days31751 Whitedove Ln, Murrieta, CA 92563
- $585,000 Last Sold Price4 beds2.5 baths1,680 sq ft25194 Corte Oranada, Murrieta, CA 92563List Price$579,000Sale to List1% over listDays on Market72 days25194 Corte Oranada, Murrieta, CA 92563
- $800,000 Last Sold Price5 beds3 baths2,985 sq ft33569 Shamrock Ln, Murrieta, CA 92563List Price$769,000Sale to List4% over listDays on Market32 days33569 Shamrock Ln, Murrieta, CA 92563
- $545,000 Last Sold Price3 beds2 baths1,853 sq ft23803 Via Barletta, Murrieta, CA 92562List Price$549,900Sale to List1% under listDays on Market191 days23803 Via Barletta, Murrieta, CA 92562
See all recently sold homes in Murrieta.
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Schools in Murrieta
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Cole Canyon Elementary School Public • K-5 | 1027 Students | 15 reviews |
8/10 Tovashal Elementary School Public • K-5 | 759 Students | 16 reviews |
8/10 Antelope Hills Elementary School Public • K-5 | 803 Students | 13 reviews |
8/10 Ysabel Barnett Elementary School Public • K-5 | 750 Students | 5 reviews |
7/10 Daniel N. Buchanan Elementary School Public • K-5 | 805 Students | 9 reviews |
Climate's impact on Murrieta housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Murrieta.
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Fire Factor - Severe
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Severe
Heat Factor
Transportation in Murrieta
Walk Score®
Transit Score®
Bike Score®
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