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Wednesday, November 6, 2024

Romoland home prices rise 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 Romoland rose by $32,250 while total sales decreased by 21.4%, according to BlockShopper.com.

From April through June of 2019, there were 11 homes sold, with a median sale price of $410,000 - a 8.5% increase over the $377,750 median sale price for the same period of the previous year. There were 14 homes sold in Romoland in the second quarter of 2018.

The median sales tax in Romoland for the most recent year with available data, 2016, was $1,733, approximately 0.4% of the median home sale price for the second quarter of 2019.

The following table compares Romoland 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)
Winchester 136148-8.1%$438,750$429,5002.2%
Canyon Lake796619.7%$438,000$444,750-1.5%
Murrieta6556500.8%$430,500$425,0001.3%
Riverside1,0199378.8%$412,000$405,0001.7%
Wildomar89108-17.6%$410,000$400,0002.5%
Romoland 1114-21.4%$410,000$377,7508.5%
Sun City 12-50%$407,000$383,5006.1%
Bermuda Dunes 3448-29.2%$405,000$350,00015.7%
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%

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