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Wednesday, November 6, 2024

Murrieta home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Murrieta rose by $14,500 while total sales increased by 21.5%, according to BlockShopper.com.

In July 2019, there were 232 homes sold, with a median sale price of $439,500 - a 3.4% increase over the $425,000 median sale price for the same period of the previous year. There were 191 homes sold in Murrieta in July 2018.

The median sales tax in Murrieta for the most recent year with available data, 2016, was $4,558, approximately 1% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Corona250260-3.8%$540,000$516,0004.7%
Rancho Mirage5969-14.5%$525,000$538,000-2.4%
Canyon Lake2736-25%$498,000$413,75020.4%
Mira Loma 1624-33.3%$493,500$526,000-6.2%
Temecula22217725.4%$475,000$465,0002.2%
Murrieta23219121.5%$439,500$425,0003.4%
Rubidoux 18180%$431,000$330,00030.6%
Palm Springs124160-22.5%$426,250$440,000-3.1%
Lakeview 21100%$425,000$499,545-14.9%
La Quinta110143-23.1%$421,000$400,0005.3%
Winchester 514415.9%$420,000$416,5000.8%

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