In June 2019, there were five homes sold, with a median sale price of $340,000 - a 44.7% increase over the $235,000 median sale price for the same period of the previous year. There were four homes sold in Lakeland Village in June 2018.
The median sales tax in Lakeland Village for the most recent year with available data, 2016, was $1,467, approximately 0.4% of the median home sale price for June 2019.
The following table compares Lakeland Village to other Riverside County cities with similar median sales prices in June 2019:
City | June 2019 Home Sales | June 2018 Home Sales | % change (Total Home Sales) | June 2019 Median Sales Price | June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Beaumont | 69 | 77 | -10.4% | $350,000 | $320,000 | 9.4% |
Mountain Center | 4 | 5 | -20% | $347,750 | $295,000 | 17.9% |
Moreno Valley | 172 | 216 | -20.4% | $345,000 | $325,000 | 6.2% |
Menifee | 146 | 162 | -9.9% | $345,000 | $330,000 | 4.5% |
Thousand Palms | 1 | 8 | -87.5% | $345,000 | $235,000 | 46.8% |
Lakeland Village | 5 | 4 | 25% | $340,000 | $235,000 | 44.7% |
Cherry Valley | 6 | 4 | 50% | $334,500 | $362,000 | -7.6% |
Cathedral City | 64 | 70 | -8.6% | $332,000 | $313,500 | 5.9% |
Indio | 105 | 128 | -18% | $329,500 | $310,000 | 6.3% |
Perris | 61 | 88 | -30.7% | $325,000 | $310,000 | 4.8% |
Homeland | 2 | 5 | -60% | $320,000 | $335,000 | -4.5% |