I have lived here in Temecula since 1990 and have sold some real estate here too. In my humble opinion, the market has slowed, mainly due to a large increase in listings, many of which have been on the market for over 90 days. Prices haven’t dropped a whole lot yet, but that will come next as supply and demand lays down the law, perhaps in one of the worst bubble areas in CA. I follow the MLS, and it seems to me that this pressure has
affected homes over the $600k mark the most, while homes priced under say $475k, haven’t taken as big of a hit yet. Murrieta is even worse with even more listings.