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Golden State Today

Tuesday, November 5, 2024

Riverside home prices rise in August 2019

Realestate5

The median sale price of a home sold in August 2019 in Riverside rose by $4,000 while total sales decreased by 44.7%, according to BlockShopper.com.

In August 2019, there were 173 homes sold, with a median sale price of $406,000 - a 1% increase over the $402,000 median sale price for the same period of the previous year. There were 313 homes sold in Riverside in August 2018.

The median sales tax in Riverside for the most recent year with available data, 2016, was $2,709, approximately 0.7% of the median home sale price for August 2019.

The following table compares Riverside to other Riverside County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Canyon Lake2327-14.8%$425,000$425,0000%
La Quinta7897-19.6%$422,500$388,5008.8%
Rubidoux 1020-50%$415,000$344,00020.6%
Palm Springs89127-29.9%$412,500$445,000-7.3%
Wildomar2032-37.5%$411,500$425,000-3.2%
Riverside173313-44.7%$406,000$402,0001%
Aguanga 13-66.7%$390,000$370,0005.4%
Lake Elsinore6667-1.5%$387,500$375,0003.3%
Calimesa810-20%$376,500$373,5000.8%
Menifee 110169-34.9%$369,500$353,0004.7%
Lakeview 13-66.7%$360,000$450,000-20%

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