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Wednesday, November 6, 2024

Mira Loma home prices rise 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 Mira Loma rose by $48,250 while total sales increased by 4.8%, according to BlockShopper.com.

From January through June of 2019, there were 88 homes sold, with a median sale price of $503,250 - a 10.6% increase over the $455,000 median sale price for the same period of the previous year. There were 84 homes sold in Mira Loma in the first half of 2018.

The median sales tax in Mira Loma for the most recent year with available data, 2016, was $3,209, approximately 0.6% of the median home sale price for the first half of 2019.

The following table compares Mira Loma 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)
Indian Wells169199-15.1%$825,000$720,00014.6%
Norco122138-11.6%$584,500$575,0001.7%
Rancho Mirage432502-13.9%$525,000$529,000-0.8%
Mountain Center 2122-4.5%$525,000$307,50070.7%
Corona1,2481,359-8.2%$511,000$510,0000.2%
Mira Loma 88844.8%$503,250$455,00010.6%
Temecula9231,011-8.7%$465,000$462,0000.6%
La Quinta754874-13.7%$450,000$424,5006%
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%

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