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Wednesday, November 6, 2024

Rubidoux home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Rubidoux fell by $5,000 while total sales decreased by 11.5%, according to BlockShopper.com.

From April through June of 2019, there were 54 homes sold, with a median sale price of $365,000 - a 1.4% decrease over the $370,000 median sale price for the same period of the previous year. There were 61 homes sold in Rubidoux in the second quarter 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 second quarter of 2019.

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

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Mountain Center 1016-37.5%$400,250$302,00032.5%
Nuevo 211816.7%$400,000$350,50014.1%
Lakeview 25-60%$400,000$422,000-5.2%
Calimesa473920.5%$380,000$329,00015.5%
Lake Elsinore250259-3.5%$371,500$360,0003.2%
Rubidoux 5461-11.5%$365,000$370,000-1.4%
Palm Desert679685-0.9%$352,500$335,0005.2%
Menifee 5154875.7%$345,000$330,5004.4%
Moreno Valley573607-5.6%$340,000$325,0004.6%
Beaumont1961903.2%$339,250$325,0004.4%
Aguanga 9580%$330,000$350,000-5.7%

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