Murrieta Housing Market Report – July 2026
Here's a look at how the Murrieta, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 167
- Median Sale Price: $665,000
- Average Sale Price: $725,429
- Average Price Per Sq Ft: $336
- Average Days on Market: 83
- Sale-to-List Price Ratio: 99.5%
Month-Over-Month Trends
Compared to June, the median sale price in Murrieta moved 1.5% down (from $675,000 to $665,000). The number of homes sold was 5.6% down compared to the prior month (177 vs. 167). Average days on market shifted 12.2% up (74 days to 83 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 3.9% down (from $691,750 to $665,000). Sales volume is 17.6% up year-over-year.
What This Means
Murrieta's housing market is showing signs of slowdown heading into late summer. Sales volume dipped 5.6% month-over-month to 167 homes, while the median price slipped 1.5% to $665,000—continuing a modest downward trend that's now 3.9% below last year's levels. More telling is the uptick in days on market, which jumped from 74 to 83 days. Homes are sitting longer before finding buyers, suggesting inventory is outpacing demand relative to recent months.
The silver lining is that buyers still have negotiating power. The sale-to-list price ratio of 99.5% means homes are selling very close to asking price, and active inventory has swelled to 727 listings with properties averaging 108 days on market. This inventory depth gives purchasers genuine options, which is relatively rare in California. However, the combination of slower sales velocity and price softening points to a market cooling from earlier in the year, likely tied to persistent mortgage rates and summer seasonality.
For sellers, this is a reality check—the days of quick, above-asking sales appear to have passed. The market remains balanced but increasingly favors prepared buyers willing to be selective.
Murrieta Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92563 | 87 | $669,000 | $344 | 89 |
| 92562 | 80 | $659,500 | $327 | 78 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 132 | $700,000 | $342 |
| CONDOS | 16 | $482,500 | $343 |
| MOBILE | 12 | $403,500 | $264 |
| CONDO | 3 | $469,000 | $306 |
| LAND | 3 | $389,888 | N/A |
| TOWNHOMES | 1 | $423,000 | $276 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 5 |
| $300K - $399K | 8 |
| $400K - $499K | 18 |
| $500K - $749K | 90 |
| $750K+ | 46 |
Current Active Listings
As of this report, there are 727 active listings in Murrieta with a median asking price of $679,000 and an average of 108 days on market.
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