What's happening in the Temecula-area housing market in November 2026?

November's numbers point to a cooling, more balanced market across Temecula, Murrieta, and Menifee. The headline shift is pace: homes are taking longer to sell year-over-year in all three cities. New listings are down sharply as fewer sellers bring homes to market, active inventory is mixed (up slightly in Temecula, down in Murrieta and Menifee), and prices have essentially held steady — Temecula around $877,126 (flat), Murrieta around $713,919 (down ~2%), and Menifee around $587,544 (up ~1%). It's a balancing market, not a falling one.

By Justin Short | November 12, 2026

Every month I pull the latest numbers for our three core markets and compare them to the same month a year ago, so you can see where things are actually heading rather than guessing from the headlines. Here's the full November 2026 breakdown, with the complete video walkthrough below.

New listings: fewer homes coming to market

New listings — the fresh supply hitting the market each month — are down year-over-year in all three cities, and by a meaningful margin. Here's November 2025 compared to November 2026:

• Temecula: 129 → 96 new listings (down ~29%)

• Murrieta: 138 → 108 new listings (down ~24%)

• Menifee: 183 → 132 new listings (down ~32%)

Fewer new listings usually signals that sellers are choosing to sit tight — often because they're not in a rush, or they're holding onto lower mortgage rates from prior years.

Active inventory: a mixed picture

Active listings are the total pool of homes available to buy at any given moment. This month the three cities split in different directions. November 2025 compared to November 2026:

• Temecula: 388 → 413 active listings (up ~6%)

• Murrieta: 426 → 346 active listings (down ~21%)

• Menifee: 500 → 379 active listings (down ~28%)

Temecula buyers actually have slightly more to choose from than a year ago, while Murrieta and Menifee remain tighter on supply. Combined with the longer selling times below, Temecula's modest inventory bump is part of why it's shifted toward a more balanced market.

Want to know what your specific home is worth in today's market, or what your buying power looks like? I'll run the real numbers for your exact neighborhood. Call or text me, Justin Short, at 951-634-9322, or start at TheShortRealEstateTeam.com/visit.

Days on market: homes are selling slower

This is the clearest story in November's data. Average days on market (DOM) — how long it takes a home to go from "for sale" to "in escrow" — rose year-over-year in all three cities, a notable change from earlier in the year. November 2025 compared to November 2026:

• Temecula: 46 → 55 days (up ~18% — slower)

• Murrieta: 46 → 50 days (up ~8% — slower)

• Menifee: 40 → 45 days (up ~12% — slower)

Homes taking longer to sell is the hallmark of a cooling market — and it's exactly why pricing right from day one matters more than ever. If you're selling, my guide on how to price your home and avoid overpricing is worth a read.

Average sales price: holding steady

Despite the slower pace, prices have barely budged year-over-year — no crash, no spike. November 2025 compared to November 2026:

• Temecula: $877,948 → $877,126 (essentially flat)

• Murrieta: $725,712 → $713,919 (down ~2%)

• Menifee: $582,703 → $587,544 (up ~1%)

Temecula remains the area's highest-priced market at around $877K, Murrieta sits near $714K, and Menifee remains the most affordable entry point at roughly $588K. The stability in prices, even as homes sell more slowly, is the clearest sign that this is a market finding balance rather than falling.

What it all means for buyers and sellers

Put the four metrics together and the picture is consistent: a balancing market. For buyers, this is the friendliest the market has felt in a while — homes are sitting longer, which means less pressure, more time to make decisions, and more room to negotiate on price or ask for concessions like a rate buydown. For sellers, the news is steadier than the "slowdown" headlines suggest: prices are holding, and with fewer new listings there's less competition — but you have to price accurately out of the gate, because buyers are choosier and overpriced homes are the ones racking up days on market. If you're weighing a move, my guide to moving to Temecula and my Murrieta vs. Menifee comparison are great next reads.

Frequently Asked Questions

What is the average home price in Temecula in November 2026?

About $877,126 — essentially flat year-over-year. Murrieta averaged about $713,919 (down ~2%) and Menifee about $587,544 (up ~1%).

Is the Temecula housing market slowing down?

It has cooled into a more balanced market. In November 2026, homes took longer to sell year-over-year in all three cities (Temecula's average days on market rose from 46 to 55), and new listings were down sharply — but prices held steady rather than falling, which points to balance rather than a crash.

How many homes are for sale in Temecula, Murrieta, and Menifee?

As of November 2026, active listings were about 413 in Temecula (up ~6% year-over-year), 346 in Murrieta (down ~21%), and 379 in Menifee (down ~28%).

Is it a good time to buy in the Temecula area?

For prepared buyers, the longer selling times and steadier prices mean less competition and more negotiating room than during the frenzy years. The key is knowing your numbers — get pre-approved and buy within a comfortable payment.

Thinking about making a move?

Whether you're buying, selling, or just want to understand what these numbers mean for your specific home and neighborhood, I'm here to help. Call or text me, Justin Short, at 951-634-9322, or get started at TheShortRealEstateTeam.com/visit.

About Justin Short

Justin Short is a local real estate agent with The Short Real Estate Team at Keller Williams Temecula, helping buyers and sellers across Temecula, Murrieta, Menifee, and the rest of Southwest Riverside County. Through his YouTube channel, Living in Temecula & Murrieta California, Justin shares monthly market updates and everything there is to know about living in the area. Call or text Justin at 951-634-9322

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Market statistics are sourced from local MLS data for November 2025 and November 2026 and reflect averages across each city; individual neighborhoods and property types will vary. This article is for general information only and is not financial advice.