I hope you all had a great Turkey day!  Turkey day was great this year with my loved ones being able to see a lot of wonderful people over the holiday weekend.  My kids thoroughly enjoyed a whole week away from school!  I remember when I was a kid we only had Thursday and Friday off from school, what's going on with that?!  But I digress. Sorry this update is later in the month but I was stuck on the sofa attempting to work off all the turkey.

With next month right around the corner, let us see how the Temecula Real Estate market is fairing:

Wow, that isn't a whole lot of difference to measure at all!  Overall, it is quite a mixed bag of the exact same numbers from last month.  The active homes on the market dropped from 363 to 352, a small bump down.  Additionally, the average Temecula home list cost came down just over $7,000 from $354,700 to $347,567. So not a huge difference when taking into consideration it is an average of all the houses listed.

Now we will get into the sold data and for the first time I am looking at back to back months (September 2011 and October 2011) having sold the same amount of Temecula real estate at 140 single family homes.  Just a reminder, I pull a specific set of criteria simply because I think it best symbolizes the fundamental real estate market. So we haven't seen a change at all in the quantity of Temecula houses sold.  However, we did see an additional delay of 6 more days on the average days on market, meaning they are spending more time to sell.

Overall, a fairly vanilla report however also a good one given that we are not seeing a seasonal slowdown at this time.  I did take a peek at November closings and we are really close yet again at 128.  I am curious to see if we go past 140 in the next two days with the month closing.

Well, here is your November monthly report for Temecula real estate.  I hope you all had an amazing Thanksgiving and you will be hearing from me once more next month!