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Wednesday, November 6, 2024

Perris home prices rise in June 2019

Re 9

The median sale price of a home sold in June 2019 in Perris rose by $15,000 while total sales decreased by 30.7%, according to BlockShopper.com.

In June 2019, there were 61 homes sold, with a median sale price of $325,000 - a 4.8% increase over the $310,000 median sale price for the same period of the previous year. There were 88 homes sold in Perris in June 2018.

The median sales tax in Perris for the most recent year with available data, 2016, was $3,155, approximately 1% of the median home sale price for June 2019.

The following table compares Perris 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)
Thousand Palms18-87.5%$345,000$235,00046.8%
Lakeland Village5425%$340,000$235,00044.7%
Cherry Valley 6450%$334,500$362,000-7.6%
Cathedral City6470-8.6%$332,000$313,5005.9%
Indio105128-18%$329,500$310,0006.3%
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%

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