70 homes in zoned to Cole Canyon Elementary
Murrieta, CA

About Murrieta: Cole Canyon Elementary is located in Murrieta. Murrieta is a city in southwestern Riverside County, California, United States. The population of Murrieta was 110,949 as of the 2020 census. Murrieta experienced a 133.7% population increase between 2000 and 2010, making it one of the fastest-growing cities in the state during that period. Largely residential, Murrieta is typically characterized as a bedroom community. Murrieta is bordered by the city of Temecula to the south, the cities of Menifee and Wildomar to the north, and the unincorporated community of French Valley to the east. Murrieta is at the center of the Los Angeles-San Diego mega-region. Murrieta is named for Juan Murrieta, a Californio ranchero who founded the town.
These are homes for sale inside the attendance boundary for Cole Canyon Elementary in Murrieta (Topfind School Score: 10/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 127 active listings.
Topfind Market Read
Buyers hold the edge right now. 12.7 months of supply is more than current demand absorbs, and 49% of sellers have trimmed their asking price. At the same time, sales volume is up 36% versus six months ago, and selling times have improved 25% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$749K
↓ 17% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
12.7 months of supply
Ample Supply127 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~55 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 25% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 48% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Cole Canyon Elementary Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
69%
Homeowners
31%
Renters
Homeownership is 13.5 points higher than the California average (55.5%)
35,452 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $-320K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$631K)
Price Reductions
62 listings have reduced their price
49% of active listings
Average reduction: 5.2% (~$39K)
Cole Canyon Elementary serves students at the elementary level within the Murrieta Valley Unified district. The school carries a Topfind School Score of 10. Buyers in the Cole Canyon Elementary attendance zone are looking at a median list price of $749,000. That runs roughly 4.2% higher than Murrieta as a whole. Since February, the median price has moved down about 19.8% to $780,000 as of July. The Cole Canyon Elementary attendance zone has 127 active listings on the market right now. The homes on this page fall inside the school's attendance zone, so students at these addresses are assigned to Cole Canyon Elementary.
Browse homes for sale in cities near Murrieta
There are currently 127 homes for sale in Cole Canyon Elementary Area, ranging from $501,990 to $12,000,000. 12 of them hit the market within the last week.
The median list price in Cole Canyon Elementary Area is $749,000. Price per square foot averages $328. Prices are down 16.7% compared to a year ago.
Homes in Cole Canyon Elementary Area currently average 55 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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