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Thursday, November 7, 2024

Lakeland Village home prices unchanged in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Lakeland Village was unchanged while total sales decreased by 9.5%, according to BlockShopper.com.

From January through March of 2019, there were 19 homes sold, with a median sale price of $270,000. There were 21 homes sold in Lakeland Village in the first quarter of 2018, and the median sales price for the period was also $270,000.

The median sales tax in Lakeland Village for the most recent year with available data, 2016, was $1,467, approximately 0.5% of the median home sale price for the first quarter of 2019.

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

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Idyllwild-Pine Cove 2840-30%$310,000$295,2505%
Indio237306-22.5%$310,000$295,0005.1%
San Jacinto1581533.3%$287,750$265,0008.6%
Colton 4333.3%$280,000$442,000-36.7%
Sun City 23-33.3%$270,000$390,000-30.8%
Lakeland Village1921-9.5%$270,000$270,0000%
Cherry Valley 1116-31.3%$262,000$296,500-11.6%
Thousand Palms1020-50%$257,500$217,50018.4%
Hemet393408-3.7%$255,000$255,0000%
Coachella5258-10.3%$254,000$238,5006.5%
Banning7984-6%$248,000$225,00010.2%

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