RE market:

As for November 30, 2009, there are 53 homes for sale including 22 short sales, about 20 bank owned and 13 pending sales. Prices are from 150K for a townhouse to 880 K for single family, from 99/ sq ft to 238 / sq ft

Averages in August : $472,982, 3.3 beds, 2,523 sqft, $187 per sqft.

Sales this year: 85 properties including land, from 110 K to 875 K.

There are two very active RE offices, selling houses and lots from the beginning when Rancho Murieta was developed :

1/ Rancho Murieta Homes & Land with 7 RE licensees, small family brokerage owned by Karen Hoberg.
She came to Rancho Murieta in 1978 working as a real estate professional for Murieta Sales Corporation. In 1980, she moved to Rancho Murieta and in 1993 she established Rancho Murieta Homes & Land Inc. They listed about a half of all properties here.
Recently the office was involved in the controversial selling transaction: the house was sold by bank for much undervalued price to the son of person managing bank owned properties in this bank. All lives in Rancho Murieta.

2/ Town and Country with 14 RE licensees, owned by Ina Semrau. She also lives in Rancho Murieta and have an office at Rancho Murieta Plaza.
She is serving Rancho Murieta over 30 years.
There are other listing agents from smaller and bigger companies, but their listing are from 1 to 5 properties in this community.