Why Live in Terra Linda
The Terra Linda area, in Hemet's northern section, shares a name with Terra Linda Village, a condo community here since the 1980s. The neighborhood has other subdivisions, including rental complexes and gated developments like Laurel Park. These varied housing options and the proximity to two city parks, Diamond Valley Lake and local schools have made Terra Linda increasingly popular with families. “It’s really started to grow over the last five to 10 years. I see more families there over the last 10 years than there used to be,” says James Shelby, an agent with Real Brokerage Technologies, who has been selling homes in Southern California for over a decade. Terra Linda has a mix of condos, single-family homes and rented townhouses. Two and three-bedroom condos in Terra Linda Village sell for $300,000 to $350,000. Family homes in subdivisions like Laurel Park are usually renovated Spanish Revival or contemporary traditional properties built in the 1990s and 2000s. They range from $350,000 to $550,000. These established homes may have a lower tax rate than the newly built residences on Hemet’s west side. “An older home will probably have a tax rate of 1 to 1.5%, but some of the
Home Trends in Terra Linda, CA
On average, homes in Terra Linda, Hemet sell after 33 days on the market compared to the national average of 51 days. The median sale price for homes in Terra Linda, Hemet over the last 12 months is $430,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$430,000
Median Single Family Sale Price
$430,000
Average Price Per Sq Ft
$310
Number of Homes for Sale
9
Last 12 months Home Sales
107
Median List Price
$440,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%