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Temecula Real Estate Market Conditions
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Demographics near Temecula, CA
Temecula, California, is located in the Riverside County and it was incorporated in 1989, on December 1. Its population includes 100,097 inhabitants and the city is bordered by Pechanga Indian Reservation and Murrieta. Temecula and Murrieta form the Inland Empire area. The city of Temecula is equidistant to Orange County, L.A. and San Diego. Temecula is a fast growing city with new high schools, middle and elementary schools, and with continuously developing communities. Also, the city features numerous recreational centers, parks, shopping centers and entertainment.
Temecula Homes for Sale and Real EstateTemecula is a rising community with new houses and condominium buildings that are being built every year, offering a wide array of housing units for residents and for those who plan to move to Temecula. Currently, the city has 34,004 properties and 31,781 households. The density is 1,127 / square mile. 30% of the inhabitants live in rental homes and 69% of the citizens inhabit owner- occupied properties. This means that 9,797 units are occupied by people living in rent and 21,984 are occupied by their owners. The rental vacancy rate in Temecula is quite high: 7%. Still, the homeowner vacancy rate is lower than the average: 2.7%. A house in Temecula costs approximately $304,700. The most expensive units are single-family detached homes that are sold for an average price of $471,000. The average rent is somewhere around $1,462 but it all depends on the number of bedrooms per home.Temecula CommunitiesTemecula includes various distinct communities including:
Temecula Employment OpportunitiesTemecula is renowned for being the commercial heart of the Inland Empire. It is located between Riverside County and San Diego County, and it offers all kinds of services for residents, commuters and visitors. The city features a low unemployment rate: 8.7%. The most common occupations in Temecula are engineers, management occupations, sales representatives, retail sales workers, secretaries, teachers and administrative assistants. Major industries in Temecula are electronic and computer products, construction, educational services, health care, public administration and miscellaneous manufacturing. Most important companies with branches in Temecula are:
Temecula AttractionsTemecula is known for its magnificent recreation facilities, year-round entertainment, unlimited shopping, rich history and natural beauty of the surroundings. The greatest attractions in Temecula are its numerous wineries. It is called the Wine Country and it delivers exquisite wines all over the world. The Temecula region includes 35 wineries and tasting rooms, and it features the Temecula Valley Wine and Balloon Festival with wine tasting, hot air balloon rides and live performances. Temecula is also known for its golf courses. Currently, the city features 9 magnificent golf courses: SCGA Member’s Course, Pala Mesa, Pechanga’s Journey, CrossCreek, Redhawk, Temeku Hills and Temecula Creek Inn.One of the most interesting and appealing attractions in Temecula is Old Town Temecula. This part of the city includes a large selection of historic buildings dating from the 1890s. There are also numerous antique dealers, antique stores, collectible and gift stores, hotels, boutiques and specialty food stores. Also, the Old Town hosts various events like summer entertainment, western days and car shows. The weekends are reserved to a vibrant nightlife. The Temecula Museum is located in the Old Town and it offers exhibits about the city’s development and history. Other top attractions in Temecula are:
Temecula Transportation and CommutingTemecula has a surface of 30.15 sq miles. It is situated in Southwest California, along 2 major freeways: Interstate 215 and Interstate 15. It is also served by California State Route 79. Temecula is located almost 60 miles away from Orange County and San Diego, and 80 miles away from Los Angeles. The nearest international airports are Los Angeles International Airport, Palm Springs International Airport, Ontario International Airport and San Diego International Airport.More Information on Homes for Sale in TemeculaTemecula WeatherThe average high temperature in July is 97.8 degrees, with an average low temperature in January of 36.1 degrees. The average rainfall is approximately 11.4 inches per year, with inches of snow per year. No weather information available. Homes for Sale in TemeculaTemecula MapTemecula real estate officesSort by:
PHA Realty Group Ranch and Coast Real Estate Pearl Home Realty California Realty Group Exit Alliance Realty Hardy Realtors Canear Real Estate, Inc Fairway and Ranch Realty Allison James of California I ALLISON JAMES EST. & HOMES Home for Sale near TemeculaNearby CitiesTemecula Zip CodesNearby Cities Homes for Sale |
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