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Wednesday, November 6, 2024

Rubidoux home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Rubidoux fell by $2,500 while total sales decreased by 20.9%, according to BlockShopper.com.

From January through June of 2019, there were 87 homes sold, with a median sale price of $365,000 - a 0.7% decrease over the $367,500 median sale price for the same period of the previous year. There were 110 homes sold in Rubidoux in the first half of 2018.

The median sales tax in Rubidoux for the most recent year with available data, 2016, was $2,276, approximately 0.6% of the median home sale price for the first half of 2019.

The following table compares Rubidoux 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)
Romoland 1417-17.6%$410,000$376,0009%
Lakeview 28-75%$400,000$396,5000.9%
Nuevo 3041-26.8%$395,000$354,00011.6%
Bermuda Dunes 6790-25.6%$385,000$344,50011.8%
Calimesa837510.7%$382,500$345,00010.9%
Rubidoux 87110-20.9%$365,000$367,500-0.7%
Lake Elsinore409458-10.7%$365,000$360,0001.4%
Aguanga 13130%$360,000$380,000-5.3%
Palm Desert1,1831,265-6.5%$346,545$334,5003.6%
Menifee 848867-2.2%$345,000$335,0003%
Beaumont310341-9.1%$336,750$319,0005.6%

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