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Wednesday, November 6, 2024

Hemet home prices rise in June 2019

Realestate077

The median sale price of a home sold in June 2019 in Hemet rose by $14,250 while total sales decreased by 15.6%, according to BlockShopper.com.

In June 2019, there were 168 homes sold, with a median sale price of $279,250 - a 5.4% increase over the $265,000 median sale price for the same period of the previous year. There were 199 homes sold in Hemet in June 2018.

The median sales tax in Hemet for the most recent year with available data, 2016, was $1,979, approximately 0.7% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Perris6188-30.7%$325,000$310,0004.8%
Homeland 25-60%$320,000$335,000-4.5%
Idyllwild-Pine Cove 1423-39.1%$318,500$310,0002.7%
San Jacinto786323.8%$298,000$278,0007.2%
Coachella1523-34.8%$285,000$255,00011.8%
Hemet168199-15.6%$279,250$265,0005.4%
Banning34326.3%$239,000$240,000-0.4%
Desert Hot Springs6972-4.2%$230,000$216,5006.2%
Cabazon 440%$177,000$189,250-6.5%
Blythe720-65%$175,000$143,50022%
Mecca 21100%$55,000$155,000-64.5%

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