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:
City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Idyllwild-Pine Cove | 28 | 40 | -30% | $310,000 | $295,250 | 5% |
Indio | 237 | 306 | -22.5% | $310,000 | $295,000 | 5.1% |
San Jacinto | 158 | 153 | 3.3% | $287,750 | $265,000 | 8.6% |
Colton | 4 | 3 | 33.3% | $280,000 | $442,000 | -36.7% |
Sun City | 2 | 3 | -33.3% | $270,000 | $390,000 | -30.8% |
Lakeland Village | 19 | 21 | -9.5% | $270,000 | $270,000 | 0% |
Cherry Valley | 11 | 16 | -31.3% | $262,000 | $296,500 | -11.6% |
Thousand Palms | 10 | 20 | -50% | $257,500 | $217,500 | 18.4% |
Hemet | 393 | 408 | -3.7% | $255,000 | $255,000 | 0% |
Coachella | 52 | 58 | -10.3% | $254,000 | $238,500 | 6.5% |
Banning | 79 | 84 | -6% | $248,000 | $225,000 | 10.2% |