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Wednesday, November 6, 2024

Temecula home prices rise in April 2019

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The median sale price of a home sold in April 2019 in Temecula rose by $24,500 while total sales decreased by 2.2%, according to BlockShopper.com.

In April 2019, there were 175 homes sold, with a median sale price of $474,500 - a 5.4% increase over the $450,000 median sale price for the same period of the previous year. There were 179 homes sold in Temecula in April 2018.

The median sales tax in Temecula for the most recent year with available data, 2016, was $4,479, approximately 0.9% of the median home sale price for April 2019.

The following table compares Temecula 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)
Colton 51400%$545,000$323,00068.7%
Corona223242-7.9%$520,000$510,0002%
Rancho Mirage91103-11.7%$493,000$565,000-12.7%
Mira Loma 201811.1%$485,045.50$421,50015.1%
La Quinta166180-7.8%$475,000$425,00011.8%
Temecula175179-2.2%$474,500$450,0005.4%
Palm Springs167188-11.2%$455,000$410,50010.8%
Winchester 3743-14%$437,500$396,00010.5%
Murrieta181212-14.6%$437,000$424,5002.9%
Canyon Lake20195.3%$425,000$500,000-15%
Riverside2922794.7%$410,000$410,0000%

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