In April 2019, there were 172 homes sold, with a median sale price of $260,000 - a 0.6% decrease over the $261,500 median sale price for the same period of the previous year. There were 150 homes sold in Hemet in April 2018.
The median sales tax in Hemet for the most recent year with available data, 2016, was $1,979, approximately 0.8% of the median home sale price for April 2019.
The following table compares Hemet to other Riverside County cities with similar median sales prices in April 2019:
City | Apr. 2019 Home Sales | Apr. 2018 Home Sales | % change (Total Home Sales) | Apr. 2019 Median Sales Price | Apr. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Cherry Valley | 8 | 10 | -20% | $306,250 | $222,000 | 38% |
Indio | 122 | 139 | -12.2% | $305,000 | $325,500 | -6.3% |
Lakeland Village | 9 | 6 | 50% | $299,000 | $332,500 | -10.1% |
San Jacinto | 79 | 68 | 16.2% | $290,000 | $280,000 | 3.6% |
Idyllwild-Pine Cove | 10 | 19 | -47.4% | $283,500 | $305,000 | -7% |
Hemet | 172 | 150 | 14.7% | $260,000 | $261,500 | -0.6% |
Banning | 27 | 40 | -32.5% | $235,500 | $240,000 | -1.9% |
Thousand Palms | 4 | 6 | -33.3% | $230,500 | $235,750 | -2.2% |
Desert Hot Springs | 64 | 88 | -27.3% | $211,000 | $208,500 | 1.2% |
Coachella | 19 | 25 | -24% | $200,000 | $240,000 | -16.7% |
Mecca | 2 | 1 | 100% | $181,500 | $90,000 | 101.7% |