In May 2019, there were 78 homes sold, with a median sale price of $361,250 - a 2.4% decrease over the $370,000 median sale price for the same period of the previous year. There were 86 homes sold in Lake Elsinore in May 2018.
The median sales tax in Lake Elsinore for the most recent year with available data, 2016, was $3,573, approximately 1% of the median home sale price for May 2019.
The following table compares Lake Elsinore to other Riverside County cities with similar median sales prices in May 2019:
| City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Murrieta | 252 | 205 | 22.9% | $429,500 | $420,000 | 2.3% |
| Palm Springs | 172 | 176 | -2.3% | $418,500 | $414,000 | 1.1% |
| Riverside | 389 | 320 | 21.6% | $415,000 | $410,000 | 1.2% |
| Wildomar | 35 | 35 | 0% | $410,000 | $420,000 | -2.4% |
| Lakeview | 2 | 3 | -33.3% | $400,000 | $422,000 | -5.2% |
| Lake Elsinore | 78 | 86 | -9.3% | $361,250 | $370,000 | -2.4% |
| Bermuda Dunes | 11 | 19 | -42.1% | $360,000 | $319,000 | 12.9% |
| Rubidoux | 26 | 26 | 0% | $355,000 | $349,000 | 1.7% |
| Mountain Center | 4 | 3 | 33.3% | $348,000 | $310,000 | 12.3% |
| Aguanga | 4 | 1 | 300% | $345,000 | $420,000 | -17.9% |
| Menifee | 211 | 157 | 34.4% | $345,000 | $335,000 | 3% |
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