In March 2019, there were 55 homes sold, with a median sale price of $356,000 - a 2.3% decrease over the $364,500 median sale price for the same period of the previous year. There were 75 homes sold in Lake Elsinore in March 2018.
The median sales tax in Lake Elsinore for the most recent year with available data, 2016, was $3,573, approximately 1% of the median home sale price for March 2019.
The following table compares Lake Elsinore to other Riverside County cities with similar median sales prices in March 2019:
| City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Romoland | 1 | 0 | - | $396,000 | $0 | - |
| Bermuda Dunes | 11 | 18 | -38.9% | $389,000 | $364,500 | 6.7% |
| Calimesa | 19 | 13 | 46.2% | $385,000 | $372,000 | 3.5% |
| Rubidoux | 10 | 21 | -52.4% | $383,500 | $371,000 | 3.4% |
| Idyllwild-Pine Cove | 8 | 12 | -33.3% | $370,000 | $286,000 | 29.4% |
| Lake Elsinore | 55 | 75 | -26.7% | $356,000 | $364,500 | -2.3% |
| Palm Desert | 212 | 246 | -13.8% | $353,750 | $325,000 | 8.8% |
| Cathedral City | 59 | 69 | -14.5% | $349,000 | $292,000 | 19.5% |
| Menifee | 134 | 152 | -11.8% | $347,250 | $336,500 | 3.2% |
| Nuevo | 5 | 10 | -50% | $330,000 | $330,000 | 0% |
| Beaumont | 35 | 65 | -46.2% | $330,000 | $315,000 | 4.8% |
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