Wildomar Real Estate Report January 2016

Happy New Year! I hope you all had a wonderful holiday season. I’m looking forward to what 2016 has in store for me and I hope you’re feeling the same. I will be pulling the current number for January and comparing them to the number in December. As always my stats are based on single family, detached residences, with 3+ bedrooms, and 2+ baths.

• Active Number of Wildomar Homes in January: 56
• Average Wildomar Home Price in January: $390,692
• Number of December Closes in the City of Wildomar: 35
• Average December Sold Home Price in Wildomar: $343,720
• Average Days on the Market: 61

Well looking right away at the current number for the city of Wildomar, I can see that we are only down slightly in inventory this month. We currently have 56 homes on the market and a month ago we were seeing 69. The average price that these homes were being listed for in Wildomar has gone up from $382,660 to $390,692.

The closes in Wildomar seem to have improved in December vs. November. There were a total of 35 homes that sold and back in November there was 25. The average price that homes are selling for had increased last month from $329,336 in November to $343,720 in December. That’s an improvement of 4{c8f127ee0ae8e843244cc4fdd37fe5c6d1494d04024f10fe6afe3d18700f5f1b}, not much. Homes were staying on the market for 61 days last month vs. Novembers 64 days.

I hope this Wildomar Real Estate Report January 2016 was helpful. If you or anyone you know is looking to buy or sell in the Wildomar area, please give us a call as we know the neighborhoods well. We can provide you with a complimentary market valuation of your home or get you set up on the MLS to receive listings in the area. Be sure to check back each month for up to date market trend reports.

By: Stefan West – Owner/Broker of West Realty

Take a look at my Wildomar website for up to date info on the area. Wildomar Real Estate