Market Report on Homes for Sale in Olive Hill, Murrieta, CA

Market Report on Homes for Sale in Olive Hill, Murrieta, CA

Market report is followed by links to the current active listing and a link to all 12 sold listings in Olive Hill, Murrieta, since 2008.  These links will only be active for 30 days from today, 3/20/2010.

market report olive hill murrieta

Amenities: This is a gated community nestled against the Santa Rosa Plateau in Murrieta, CA.  The homes in Olive Hill custom homes are custom and semi-custom homes on large lots.  This gated community boasts many pool homes which really feel like quasi-estate homes.  Most are highly upgraded with granite kitchen counters, custom paint and carpet.  The bank-owned REO homes in Olive Hill custom homes are selling at prices about 58% of the highest price points of the 2008-2009 time frame (more on pricing below).

Taxes: Olive Hill custom homes have relatively low taxes (apx 1.08%).

Current active listing: Truman Place in Olive Hill Murrieta:

  • The home for sale on Truman Place in Olive Hill Murrieta is listed at an asking price of $849,000.  Given the sold comparables (see the next bullet point), it would have a hard time appraising at this price.
  • SEE THIS ACTIVE LISTING IN OLIVE HILL MURRIETA by searching Murrieta for homes priced from $848,000 to $850,000; link will be good only as long as the home is active and for sale. 
  • The pictures don't quite do justice to the hillside water-slide into the pool.  I attended a party here a couple years back, and the kids absolutely LOVED that water-slide built into the hillside.  At the top of the slide is a sitting area to enjoy a panoramic view of Murrieta.

Sold Listings for Olive Hill custom homes in Murrieta:

  • The three sold homes from January to March of 2010 in Olive Hill were sold at prices from $450,000 to $495,000. 
  • In 2009, six Olive Hill homes sold for prices from $475,000 to $770,000. 
  • In 2008, only three Olive Hill homes sold, at prices from $410,000 to $750,000.  You can see pictures and descriptions of the sold listings in Olive Hill Murrieta for 30 days while the link is still active.

 

Lisa Delzompo (951-704-4559)

"May your home always be too small ... to hold all your friends!"

Is your home getting too small?  Need a FREE Home Valuation?  Preparing to Sell a Home?  Click here to submit a form online, or Call Frank at 951-326-7330 for a free consultation.

CA Dept of Real Estate, Real Estate Broker License #01379811;

NMLS Identifer #331744

REAL ESTATE:  www.SandToSeaProperties.com.  Covering northern San Diego, Oceanside, Temecula, Murrieta, Riverside County and desert areas of Yucca Valley, Joshua Tree and Twentynine Palms, CA.

LOANS:  PRW Lending, Inc. Call direct 951-704-4559, or email me at lisa(@)sand2sea.us  

 

 

 

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Information is deemed reliable but is not guaranteed. Information is general and may not address your particular situation.  Do not rely solely on this or any information you find on the internet.  You should consult relevant professionals directly about your real estate, financial, etc., situation. 

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Comment balloon 1 commentLisa Delzompo 951-704-4559 • March 20 2010 10:33AM
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