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Thursday, November 7, 2024

Wildomar home prices fall 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 Wildomar fell by $750 while total sales increased by 13.2%, according to BlockShopper.com.

From January through March of 2019, there were 86 homes sold, with a median sale price of $410,000 - a 0.2% decrease over the $410,750 median sale price for the same period of the previous year. There were 76 homes sold in Wildomar in the first quarter of 2018.

The median sales tax in Wildomar for the most recent year with available data, 2016, was $3,333, approximately 0.8% of the median home sale price for the first quarter of 2019.

The following table compares Wildomar 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)
Canyon Lake584820.8%$438,500$417,0005.2%
Homeland 20-$437,500$0-
La Quinta330388-14.9%$437,500$405,0008%
Winchester 85114-25.4%$430,000$430,0000%
Murrieta386461-16.3%$417,250$415,0000.5%
Wildomar867613.2%$410,000$410,750-0.2%
Riverside686779-11.9%$405,000$385,0005.2%
Aguanga 48-50%$403,000$426,000-5.4%
Romoland 330%$396,000$362,5009.2%
Calimesa36360%$383,500$347,50010.4%
Bermuda Dunes 3342-21.4%$375,000$344,5008.9%

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