The Margarita Village-Temeku Hills housing market is very competitive. Homes in Margarita Village-Temeku Hills receive 8 offers on average and sell in around 32 days. The median sale price of a home in Margarita Village-Temeku Hills was $765K last month, up 12.5% since last year. The median sale price per square foot in Margarita Village-Temeku Hills is $331, down 0.6% since last year.
What is the housing market like in Margarita Village-Temeku Hills today?
In March 2024, Margarita Village-Temeku Hills home prices were up 12.5% compared to last year, selling for a median price of $765K. On average, homes in Margarita Village-Temeku Hills sell after 32 days on the market compared to 54 days last year. There were 19 homes sold in March this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$765,000
+12.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Margarita Village-Temeku Hills, CA
$765,000
+12.5%
United States
To compare other locations to the Margarita Village-Temeku Hills and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Temecula add value to a home.
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How hot is the Margarita Village-Temeku Hills housing market?
Margarita Village-Temeku Hills is very competitive. Homes sell in 23 days.
0
100
80
Very Competitive
Redfin Compete Score™
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 6 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 23 days.
Hot homes
can sell for about 3% above list price and go pending in around 9 days.
Learn about schools in the Margarita Village-Temeku Hills area
Elementary
Middle
High
GreatSchools Rating
8/10
Paloma Elementary School
Public • K-5
673
Students
18 reviews
7/10
Vintage Hills Elementary School
Public • K-5
815
Students
12 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Margarita Village-Temeku Hills housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Margarita Village-Temeku Hills.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Margarita Village-Temeku Hills has a moderate risk of flooding. 405 properties in Margarita Village-Temeku Hills are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Margarita Village-Temeku Hills. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Margarita Village-Temeku Hills has a severe risk of wildfire. There are 3,299 properties in Margarita Village-Temeku Hills that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Margarita Village-Temeku Hills.
Margarita Village-Temeku Hills has minimal risk of severe winds over the next 30 years
Wind Factor
Margarita Village-Temeku Hills has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
92% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Margarita Village-Temeku Hills has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 92% of homes in Margarita Village-Temeku Hills have a Severe Heat Factor®.
Margarita Village-Temeku Hills is expected to see a 200% increase in the number of days over 100ºF over the next 30 years. Margarita Village-Temeku Hills is expected to experience 7