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Golden State Today

Tuesday, November 5, 2024

Murrieta home prices rise in August 2019

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The median sale price of a home sold in August 2019 in Murrieta rose by $10,000 while total sales decreased by 41.3%, according to BlockShopper.com.

In August 2019, there were 111 homes sold, with a median sale price of $430,000 - a 2.4% increase over the $420,000 median sale price for the same period of the previous year. There were 189 homes sold in Murrieta in August 2018.

The median sales tax in Murrieta for the most recent year with available data, 2016, was $4,558, approximately 1.1% of the median home sale price for August 2019.

The following table compares Murrieta 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)
Mountain Center 25-60%$505,000$211,000139.3%
Mira Loma 1117-35.3%$500,000$475,0005.3%
Temecula118189-37.6%$489,500$472,5003.6%
Nuevo 46-33.3%$460,000$427,5007.6%
Winchester 3164-51.6%$430,000$445,500-3.5%
Murrieta111189-41.3%$430,000$420,0002.4%
Bermuda Dunes 615-60%$427,000$348,50022.5%
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%

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