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Golden State Today

Wednesday, November 6, 2024

Colton home prices fall in the first half of 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in the first half of 2019 in Colton fell by $91,000 while total sales increased by 50%, according to BlockShopper.com.

From January through June of 2019, there were nine homes sold, with a median sale price of $410,000 - a 18.2% decrease over the $501,000 median sale price for the same period of the previous year. There were six homes sold in Colton in the first half of 2018.

The median sales tax in Colton for the most recent year with available data, 2016, was $3,840, approximately 0.9% of the median home sale price for the first half of 2019.

The following table compares Colton 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)
Palm Springs874938-6.8%$445,000$391,50013.7%
Canyon Lake13711420.2%$438,000$421,2504%
Winchester 221262-15.6%$432,500$430,0000.6%
Murrieta1,0411,111-6.3%$428,000$420,0001.9%
Riverside1,7051,716-0.6%$410,000$395,5003.7%
Colton 9650%$410,000$501,000-18.2%
Wildomar175184-4.9%$410,000$408,0000.5%
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%

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