Temecula & Murrieta Housing Market Update: September 2026
Average prices eased, homes took longer to sell, and more listings needed a price cut. Here is what the recent closed sales show.
This update compares two approximately 60-day groups of closed home sales in Temecula and Murrieta, ending September 24, 2026. The combined average sale price moved from $690,182 to $680,714, down about 1.4%. The average time on market rose from 31.1 to 40.5 days.
That does not mean every home is worth 1.4% less. It means buyers have generally had more time and more room to negotiate in this particular set of sales. I explain what I am seeing and what it means for your next move in the video below.
The numbers at a glance
| Combined Temecula + Murrieta | May 27–July 24 | July 27–Sept. 24 |
|---|---|---|
| Closed sales | 278 | 252 |
| Average sale price | $690,182 | $680,714 |
| Average price per square foot | $342.18 | $339.26 |
| Average days on market | 31.1 | 40.5 |
| Under contract within 14 days | 41.7% | 34.5% |
| Had a price reduction | 37.4% | 44.4% |
| Closed below final list price | 33.1% | 38.9% |
Temecula and Murrieta separately
Temecula: 114 recent sales, down from 120. The average sale price was $680,062, compared with $694,180 in the earlier period. Average days on market went from 26.1 to 38.8, and the share with a price reduction rose from 33.3% to 44.7%.
Murrieta: 138 recent sales, down from 158. The average sale price was $681,252, compared with $687,147. Average days on market went from 34.9 to 41.8, and the share with a price reduction rose from 40.5% to 44.2%.
What matters if you are buying or selling?
Buyers: More time on market and more price reductions can create room for a thoughtful offer. The $600,000–$699,999 segment stood out in this sample: average days on market increased from 28.6 to 42.2, and the share of homes with a reduction rose from 33.6% to 50%. A well-priced home can still attract competition, so judge each listing on its own merits.
Sellers: The first list price matters. Nearly 44.4% of homes in the recent combined group had a reduction. Look closely at recent comparable sales, condition and competing active listings before choosing a number.
Want the numbers for your home or price range?
Explore more Temecula Valley market updates, or request a home value review. Tell me your neighborhood and price range, and I can narrow this down to the homes that actually compete with yours.