168 homes in near CONCORD LUTHERAN ACADEMY
Homes for Sale near CONCORD LUTHERAN ACADEMY
TEMECULA, CA
About Homes near CONCORD LUTHERAN ACADEMY
These are homes for sale within about 2 miles of CONCORD LUTHERAN ACADEMY in TEMECULA. The area around the school has 171 active listings.
CONCORD LUTHERAN ACADEMY Area Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 37% versus six months ago, yet 53% of sellers have trimmed their asking price, and the typical home takes about 56 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$700K
↑ 11% 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
4.2 months of supply
Balanced Supply171 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~56 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 37% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in CONCORD LUTHERAN ACADEMY Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
68%
Homeowners
32%
Renters
Homeownership is 12.5 points higher than the California average (55.5%)
35,423 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $222K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$369K)
Price Reductions
90 listings have reduced their price
53% of active listings
Average reduction: 4.0% (~$28K)
CONCORD LUTHERAN ACADEMY Area Market Overview
Homes in the CONCORD LUTHERAN ACADEMY area carry a median list price of $699,999. That is about 17.2% below the TEMECULA median. The median price moved from $682,500 in February to $715,000 in July, a 4.8% increase over six months. Right now 171 homes are on the market in the CONCORD LUTHERAN ACADEMY area. Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district.
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Frequently Asked Questions about Homes near CONCORD LUTHERAN ACADEMY
How many homes are for sale in CONCORD LUTHERAN ACADEMY Area, CA?
There are currently 171 homes for sale in CONCORD LUTHERAN ACADEMY Area, ranging from $230,000 to $1,946,726. 12 of them hit the market within the last week.
What is the median home price in CONCORD LUTHERAN ACADEMY Area?
The median list price in CONCORD LUTHERAN ACADEMY Area is $699,999. Price per square foot averages $384. Prices are up 10.5% compared to a year ago.
How fast do homes sell in CONCORD LUTHERAN ACADEMY Area?
Homes in CONCORD LUTHERAN ACADEMY Area currently average 56 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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