Murrieta Market Activity, Feb 2013

Market activity showing why prices are increasing in Southwest Riverside County.  There are currently only 152 detached properties with the Active status in Murrieta.  On average, 165 detached homes sell per month in Murrieta, which means that the inventory is less than one months worth.   A normal market that is neither a buyers market nor a sellers market is generally between 5 and 7 months of inventory.

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