Quantcast

Golden State Today

Wednesday, November 6, 2024

Hemet home prices rise in the first half of 2019

Re 12

The median sale price of a home sold in the first half of 2019 in Hemet rose by $5,000 while total sales decreased by 4.3%, according to BlockShopper.com.

From January through June of 2019, there were 918 homes sold, with a median sale price of $265,000 - a 1.9% increase over the $260,000 median sale price for the same period of the previous year. There were 959 homes sold in Hemet in the first half of 2018.

The median sales tax in Hemet for the most recent year with available data, 2016, was $1,979, approximately 0.7% of the median home sale price for the first half of 2019.

The following table compares Hemet to other Riverside County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Cherry Valley 3244-27.3%$293,250$301,250-2.7%
San Jacinto3863704.3%$292,000$275,0006.2%
Lakeland Village4144-6.8%$280,000$280,0000%
Anza 271668.8%$279,000$230,25021.2%
Sun City 35-40%$270,000$390,000-30.8%
Hemet918959-4.3%$265,000$260,0001.9%
Thousand Palms2239-43.6%$265,000$228,00016.2%
White Water 10911.1%$253,250$212,00019.5%
Coachella104125-16.8%$250,000$240,0004.2%
Banning171201-14.9%$245,000$239,0002.5%
Desert Hot Springs350412-15%$218,500$209,0004.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS