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Wednesday, November 6, 2024

Lakeland Village home prices fall in April 2019

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The median sale price of a home sold in April 2019 in Lakeland Village fell by $33,500 while total sales increased by 50%, according to BlockShopper.com.

In April 2019, there were nine homes sold, with a median sale price of $299,000 - a 10.1% decrease over the $332,500 median sale price for the same period of the previous year. There were six homes sold in Lakeland Village in April 2018.

The median sales tax in Lakeland Village for the most recent year with available data, 2016, was $1,467, approximately 0.5% of the median home sale price for April 2019.

The following table compares Lakeland Village to other Riverside County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Beaumont5354-1.9%$335,000$317,0005.7%
Cathedral City6369-8.7%$310,000$289,0007.3%
Perris7383-12%$309,000$305,0001.3%
Cherry Valley 810-20%$306,250$222,00038%
Indio122139-12.2%$305,000$325,500-6.3%
Lakeland Village9650%$299,000$332,500-10.1%
San Jacinto796816.2%$290,000$280,0003.6%
Idyllwild-Pine Cove 1019-47.4%$283,500$305,000-7%
Hemet17215014.7%$260,000$261,500-0.6%
Banning2740-32.5%$235,500$240,000-1.9%
Thousand Palms46-33.3%$230,500$235,750-2.2%

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