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Thursday, November 7, 2024

Winchester home prices unchanged in the first quarter of 2019

Realestate2

The median sale price of a home sold in the first quarter of 2019 in Winchester was unchanged while total sales decreased by 25.4%, according to BlockShopper.com.

From January through March of 2019, there were 85 homes sold, with a median sale price of $430,000. There were 114 homes sold in Winchester in the first quarter of 2018, and the median sales price for the period was also $430,000.

The median sales tax in Winchester for the most recent year with available data, 2016, was $4,805, approximately 1.1% of the median home sale price for the first quarter of 2019.

The following table compares Winchester 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)
Temecula357415-14%$450,000$453,000-0.7%
Palm Springs389406-4.2%$440,000$389,50013%
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%

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