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Thursday, November 7, 2024

Canyon Lake home prices rise in March 2019

Realestate077

The median sale price of a home sold in March 2019 in Canyon Lake rose by $28,750 while total sales increased by 27.3%, according to BlockShopper.com.

In March 2019, there were 28 homes sold, with a median sale price of $438,500 - a 7% increase over the $409,750 median sale price for the same period of the previous year. There were 22 homes sold in Canyon Lake in March 2018.

The median sales tax in Canyon Lake for the most recent year with available data, 2016, was $3,562, approximately 0.8% of the median home sale price for March 2019.

The following table compares Canyon Lake to other Riverside County cities with similar median sales prices in March 2019:

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Corona2182151.4%$487,500$520,000-6.3%
Temecula141158-10.8%$452,000$470,000-3.8%
La Quinta139164-15.2%$450,000$431,7274.2%
Palm Springs147162-9.3%$445,000$348,25027.8%
Mountain Center 52150%$440,000$240,75082.8%
Canyon Lake282227.3%$438,500$409,7507%
Aguanga 23-33.3%$426,000$397,0007.3%
Winchester 3450-32%$425,000$459,000-7.4%
Murrieta152193-21.2%$419,500$420,000-0.1%
Wildomar39390%$410,000$415,000-1.2%
Riverside271301-10%$405,000$380,0006.6%

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