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Thursday, November 7, 2024

Rubidoux home prices fall in April 2019

Re 14

The median sale price of a home sold in April 2019 in Rubidoux fell by $16,500 while total sales increased by 7.7%, according to BlockShopper.com.

In April 2019, there were 14 homes sold, with a median sale price of $353,500 - a 4.5% decrease over the $370,000 median sale price for the same period of the previous year. There were 13 homes sold in Rubidoux in April 2018.

The median sales tax in Rubidoux for the most recent year with available data, 2016, was $2,276, approximately 0.6% of the median home sale price for April 2019.

The following table compares Rubidoux 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)
Wildomar2632-18.8%$401,250$398,0000.8%
Romoland 112-91.7%$373,500$370,7500.7%
Lake Elsinore8283-1.2%$372,500$360,0003.5%
Calimesa2411118.2%$367,750$310,00018.6%
Palm Desert225248-9.3%$365,000$350,0004.3%
Rubidoux 14137.7%$353,500$370,000-4.5%
Menifee 158168-6%$345,000$340,0001.5%
Moreno Valley1901815%$335,000$325,0003.1%
Beaumont5354-1.9%$335,000$317,0005.7%
Cathedral City6369-8.7%$310,000$289,0007.3%
Perris7383-12%$309,000$305,0001.3%

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