Murrieta Housing Market Report – May 2026
Here's a look at how the Murrieta, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 147
- Median Sale Price: $665,000
- Average Sale Price: $729,328
- Average Price Per Sq Ft: $318
- Average Days on Market: 87
- Sale-to-List Price Ratio: 99.2%
Month-Over-Month Trends
Compared to April, the median sale price in Murrieta moved 2.2% down (from $679,990 to $665,000). The number of homes sold was 6.4% down compared to the prior month (157 vs. 147). Average days on market shifted 13.0% up (77 days to 87 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 3.6% down (from $690,000 to $665,000). Sales volume is 9.3% down year-over-year.
What This Means
Murrieta's housing market is showing signs of cooling as we head into summer 2026. The median price dipped 2.2% month-over-month to $665,000, and homes are taking noticeably longer to sell—87 days compared to 77 days last month. While the sale-to-list ratio of 99.2% suggests buyers still have some negotiating power, the overall trend points to a shift away from the seller-friendly conditions we saw earlier in the year. Year-over-year, prices are down 3.6%, indicating this slowdown isn't just seasonal noise.
What's particularly telling is the growing inventory. With 688 active listings on the market—up significantly from what we'd expect—homes are spending an average of 105 days waiting for a buyer. This inventory buildup is putting downward pressure on prices and giving buyers more options to choose from. The extended marketing times likely reflect both seasonal factors and broader economic headwinds that may be affecting buyer confidence or mortgage availability in the region.
For sellers considering a listing, this is a reminder that pricing competitively and staging well matter more now than they did six months ago. Buyers have the luxury of patience, so homes need to stand out to move quickly in this environment.
Murrieta Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92562 | 77 | $650,000 | $346 | 107 |
| 92563 | 70 | $675,000 | $291 | 66 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 110 | $713,000 | $320 |
| CONDOS | 20 | $512,450 | $333 |
| LAND | 7 | $320,000 | N/A |
| MOBILE | 5 | $345,000 | $245 |
| CONDO | 3 | $473,000 | $287 |
| TOWNHOMES | 2 | $515,000 | $322 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $200K - $299K | 6 |
| $300K - $399K | 6 |
| $400K - $499K | 11 |
| $500K - $749K | 78 |
| $750K+ | 45 |
Current Active Listings
As of this report, there are 688 active listings in Murrieta with a median asking price of $675,000 and an average of 105 days on market.
Thinking About Selling Your Murrieta Home?
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