HEMET MARKET SNAPSHOT - July 2007
By John Occhi, Mobile Notary Public/Certified Loan Signing Agent
(AZ Veteran Notary Services)
HEMET MARKET SNAPSHOT by John Occhi, Hemet CA REALTOR® Hemet CA Real Estate Well, it's time to take another look at the real estate market in Hemet CA. I wish I could report better news, but hey, I am just the messenger.During the month of July, 2007 166 single family residences were added to the rolls of the Hemet San Jacinto Association of Realtors (HSJAOR) MLS and yet only 44 homes in total came off of the Hemet MLS.The sharp contrast is further magnified with the pricing. The new listings have an average List Price (LP) of $329,688. Another 44 homes went under contract in July 2007- or as we use the status/term PENDING. The Average List Price of the PENDING homes is $292,988 compared to the Average Sold price (SP) of the 44 homes that sold in Hemet in July 2007, wh...
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