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Wednesday, November 6, 2024

Lakeview home prices fall in May 2019

Realestate077

The median sale price of a home sold in May 2019 in Lakeview fell by $22,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In May 2019, there were two homes sold, with a median sale price of $400,000 - a 5.2% decrease over the $422,000 median sale price for the same period of the previous year. There were three homes sold in Lakeview in May 2018.

The median sales tax in Lakeview for the most recent year with available data, 2016, was $2,399, approximately 0.6% of the median home sale price for May 2019.

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

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Winchester 645418.5%$429,500$445,250-3.5%
Murrieta25220522.9%$429,500$420,0002.3%
Palm Springs172176-2.3%$418,500$414,0001.1%
Riverside38932021.6%$415,000$410,0001.2%
Wildomar35350%$410,000$420,000-2.4%
Lakeview 23-33.3%$400,000$422,000-5.2%
Lake Elsinore7886-9.3%$361,250$370,000-2.4%
Bermuda Dunes 1119-42.1%$360,000$319,00012.9%
Rubidoux 26260%$355,000$349,0001.7%
Mountain Center 4333.3%$348,000$310,00012.3%
Aguanga 41300%$345,000$420,000-17.9%

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