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Thursday, November 7, 2024

Riverside home prices rise in January 2019

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The median sale price of a home sold in January 2019 in Riverside rose by $14,250 while total sales decreased by 15.9%, according to BlockShopper.com.

In January 2019, there were 207 homes sold, with a median sale price of $399,000 - a 3.7% increase over the $384,750 median sale price for the same period of the previous year. There were 246 homes sold in Riverside in January 2018.

The median sales tax in Riverside for the most recent year with available data, 2016, was $2,709, approximately 0.7% of the median home sale price for January 2019.

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

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
La Quinta94119-21%$421,500$385,0009.5%
Winchester 1927-29.6%$420,000$420,0000%
Nuevo 26-66.7%$415,000$319,50029.9%
Wildomar1522-31.8%$410,000$419,500-2.3%
Murrieta100139-28.1%$410,000$419,000-2.1%
Riverside207246-15.9%$399,000$384,7503.7%
Aguanga 13-66.7%$389,000$455,000-14.5%
Canyon Lake141127.3%$377,750$385,000-1.9%
Idyllwild-Pine Cove 1017-41.2%$360,000$300,00020%
Calimesa610-40%$360,000$357,5000.7%
Bermuda Dunes 151136.4%$355,000$379,000-6.3%

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