Temecula Rod Run Coming March 4th-5th

Fun Local Events, Fun Stuff!, News No Comments

This is fun! Find out more at their website, but here is info for you, or you can find out more by clicking this link to their website. Click Here!

Temecula Rod Run 2016

FRIDAY NIGHT CRUISE: 5pm-8pm
Come visit the Temecula Rod Run for our famous “Friday Night Cruise” and see hundreds of classic vehicles from all over the country cruise Old Town Front Street. The City of Temecula locks down Old Town from Arch to Arch to allow these classic beauties to run wild. Come watch while these classic vehicles roam around, rev up their engines and honk their horns!
This show attracts thousands of automotive enthusiasts and spectators year in and year out. Over 600 cars, including classics, special interest vehicles, hot rods and custom cars will be on display. The Cruising starts at 5:00pm and goes on till 8:00pm, so come to Old Town Temecula and see some of the West Coast’s finest street rods cruising Old Town. The event is FREE to the public, music and entertainment are always a big hit, as well as great food, community vendors and much more.
SATURDAY EVENT: SHOW & SHINE 9am-4pm
This is the day where you can get a close look at these classic vehicles and take a peek under the hoods. The City of Temecula locks down Old Town from Arch to Arch from 9:00am till 4:00pm and during this time, these classic beauties are parked waiting for you to get an up-close and personal look at them.
The vehicles are freshly detailed and polished to “Show and Shine”… they are just waiting around calling out to you to come see some of the finest street rods on the West Coast. As always, the event is FREE to the public. Be sure to bring all of your friends and family for a great time to remember. Do not miss the family fun!
*Due to the amount of people in attendance, dogs are discouraged from attending event. If necessary, dogs must be on leash at all times.
*Scooters and Skateboards are discouraged.

When: March 04, 2016

Category: Temecula valley

Address: Old Town Front Street and Main Street, Temecula, CA 92590

Venue Name: Old Town Front Street

Venue Phone: No specific address

Time: 10:00 AM – 06:00 PM

Admission price: Free / Open to Public

Phone: (951) 694-6480

Visit Website

 

Temecula Real Estate Market Update – February 2015

Reynolds Realty Group News No Comments

We hope the following Temecula real estate market update helpful. If you would like to discuss this or chat about any of your real estate needs, or you know someone that will be selling or buying real estate soon, please call us at 951-506-1956 or email me at murray@thereynoldsrealtygroup.com.

Here’s how the Temecula real estate market did in February 2015.

Market Snapshot

Read the rest of this entry »

Rancho Water’s purchase of Vail Lake lands – How it might effect Temecula Wine Country

Local News, Reynolds Realty Group News No Comments

vail-lake-resort

Here’s an interesting article on Rancho Water’s recent purchase of Vail Lake lands and how it may effect the adjacent Temecula Wine Country.

Temecula area water officials are breathing easier after a pair of recent reports indicated that last year’s $49.6 million Vail Lake land deal appears to be a sound financial investment.

Read More Here:  Reports offer upbeat outlook following Rancho’s purchase of Vail Lake lands |Published in The Valley News, on February 20, 2015 by Tim ‘OLeary

Update: What’s happened to short sales in Temecula?

Reynolds Realty Group News No Comments

 

Distressed vs Standard Sale Properties In Temecula

What’s happened to short sales and what’s happening with the standard sale market in Temecula? While the number of standard sale properties on the market and the number of sales has decreased over the same period 6 months ago, both are about the same as the same period 1 year ago, Read the rest of this entry »

Temecula Real Estate Market Update – January 2015

Reynolds Realty Group News No Comments

We hope the following Temecula real estate market update helpful. If you would like to discuss this or chat about any of your real estate needs, or you know someone that will be selling or buying real estate soon, please call us at 951-506-1956 or email me at murray@thereynoldsrealtygroup.com.

Happy New Year to all! Here’s how the Temecula real estate market did in January 2015.

Market Snapshot

Read the rest of this entry »

Temecula Real Estate Market Update – December 2014

Reynolds Realty Group News No Comments

We hope the following Temecula real estate market update helpful. If you would like to discuss this or chat about any of your real estate needs, or you know someone that will be selling or buying real estate soon, please call us at 951-506-1956 or email me at murray@thereynoldsrealtygroup.com.

“Not a snowball’s chance in h*&&”!!!! Snow in Temecula?!?!! Yep, a once-in-a-lifetime event on New Year’s Eve Day. Boy, did we get excited!!! Anyway, Here’s how the Temecula market did in December 2014.

Market Snapshot

Read the rest of this entry »

Temecula Real Estate Market Update – September 2014

Reynolds Realty Group News No Comments

We hope the following Temecula real estate market update helpful. If you would like to discuss this or chat about any of your real estate needs, or you know someone that will be selling or buying real estate soon, please call us at 951-506-1956 or email me at murray@thereynoldsrealtygroup.com.

Market Snapshot

Read the rest of this entry »

Temecula Real Estate Market Update – July 2014

Reynolds Realty Group News No Comments

Soar or flop?We hope the following Temecula real estate market update helpful. If you would like to discuss this or chat about any of your real estate needs, or you know someone that will be selling or buying real estate soon, please call us at 951-506-1956 or email me at murray@thereynoldsrealtygroup.com.

Here’s how the Temecula market did in July 2014.

Market Snapshot

Read the rest of this entry »

Temecula Market Update – May 2014

Reynolds Realty Group News No Comments

Soar or flop?We hope the following information is helpful. If you would like to discuss this or chat about any of your real estate needs, or you know someone that will be selling or buying real estate soon, please call us at 951-506-1956 or email me at murray@thereynoldsrealtygroup.com.

Summer is the “hot season” for the real estate market, right? Well, normally that’s true, but this year is it?

 

Market Snapshot

This is a general market snapshot. For higher-end properties ($1 million plus) please check out our post on Estates & Ranches by clicking here.

  • Median Sales Price ($409,000) is approaching the all time highs reached in 2006 (Approximately $500,000)
    • Gained $19,000 this year, and $85,000 over the last 2 years
    • Gained approximately $183,000 since the lows in 2009 (38.88%)
  • The number of sales is slightly below last year’s levels
  • Inventory has increased
    • Inventory levels are almost twice compared to May 2013 levels
    • Increase 19.37% compared to the the lowest level reached in the last 6 months (February 2014)
  • The time it is taking to sell is almost twice May 2013’s
  • Sales Prices continue to be below the Original Price

 

Number Of Sales and Median Sales Price

mspandother

 
 

Inventory And Number Of Sales

absorptionrate

 

Sales Price vs. Days On The Market

domvsprice

 

*Note: All Stats Based On Single Family Dwellings, Standard Sales (Not Short Sales, REO’s, etc.)

Temecula Estates & Ranches Market Update – May 2014

Reynolds Realty Group News No Comments

Temecula Valley

We hope the following information is helpful. If you would like to discuss this or chat about any of your real estate needs, or you know someone that will be selling or buying real estate soon, please call us at 951-506-1956 or email me at murray@thereynoldsrealtygroup.com.

Temecula Valley High-End Real Estate Market Snapshot

This is a Temecula Valley higher-end market snapshot for properties over $1 million.
For median priced properties (less than $1 million ) please click here.

  • Median Sales Price:
    • Median Sales Price this month is $1,388,000
    • Up $188,000 (13.54%) over the MSP 3 months ago
    • Down Slightly – (.29%) over last year’s MSP
    • Up $288,000 (20.75%) over the last 2 years
  • The Number of Closed Sales
    • 5 Closed Sales (1/2 of May 2013’s numbers)
    • And 1/2 of May 2012’s
  • Inventory has Increased
    • Inventory levels are up 23.6% compared to the lowest levels in the last 12 months (January 2014)
    • Currently there is 21.47 months of inventory (Absorption Rate)
  • The time it is taking to sell is up almost 50% compared to the median times over the previous 12 months
  • Sales Prices continue to be below the Original Price
  • Current Listing’s Average Price per Square Foot (PSF) was $328.55 compared with 12 month averages (Closed Sales) of $244 / PSF

 

Number Of Sales and Median Sales Price

highendsales-price

 

Inventory And Number Of Sales

ahighendabrate

Days On The Market and Original Price vs. Sales Price

dom-orig vs sales high end

Price Per Square Foot and Average Square Feet (Sales)

psf

Highest Price Sales & Properties Listed For Sale

highest prices
*Note: All Stats Based On Single Family Dwellings, Standard Sales (Not Short Sales, REO’s, etc.)