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Tuesday, November 5, 2024

Perris home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Perris rose by $10,000 while total sales decreased by 54.8%, according to BlockShopper.com.

From July through September of 2019, there were 118 homes sold, with a median sale price of $335,000 - a 3.1% increase over the $325,000 median sale price for the same period of the previous year. There were 261 homes sold in Perris in the third quarter of 2018.

The median sales tax in Perris for the most recent year with available data, 2016, was $3,155, approximately 0.9% of the median home sale price for the third quarter of 2019.

The following table compares Perris to other Riverside County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Menifee 293435-32.6%$360,000$350,0002.9%
Lakeview 34-25%$360,000$474,772.50-24.2%
Palm Desert312483-35.4%$355,000$324,0009.6%
Beaumont119196-39.3%$342,000$331,5003.2%
Moreno Valley307594-48.3%$340,000$330,0003%
Perris118261-54.8%$335,000$325,0003.1%
Cathedral City102175-41.7%$329,500$305,0008%
Homeland 110-90%$320,000$322,500-0.8%
Indio183310-41%$318,500$325,000-2%
San Jacinto127202-37.1%$298,000$290,0002.8%
Cherry Valley 915-40%$295,000$300,000-1.7%

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