How did home prices perform in Hemet during April 2021?

How did home prices perform in Hemet during April 2021?
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The median sale price of a home sold in April 2021 in Hemet rose by $80,750 while total sales increased by 151.4%, according to BlockShopper.com.

In April 2021, there were 176 homes sold, with a median sale price of $356,000 – a 29.3% increase over the $275,250 median sale price for the same period of the previous year. There were 70 homes sold in Hemet in April 2020.

The median sales tax in Hemet for the most recent year with available data, 2019, was $2,325, approximately 0.7% of the median home sale price for April 2021.

The following table compares Hemet to other Riverside County cities with similar median sale prices in April 2021:

City Apr. 2021 Home Sales Apr. 2020 Home Sales % change (Total Home Sales) Apr. 2021 Median Sales Price Apr. 2020 Median Sales Price % change (Median Sales Price)
Perris 79 30 163.3% $399,500 $350,000 14.1%
San Jacinto 51 25 104% $395,000 $300,000 31.7%
Indio 128 27 374.1% $392,000 $320,000 22.5%
Cathedral City 75 17 341.2% $390,000 $340,000 14.7%
Lakeland Village 8 0 $386,000 $0
Hemet 176 70 151.4% $356,000 $275,250 29.3%
Desert Hot Springs 62 20 210% $314,500 $241,000 30.5%
Banning 24 9 166.7% $297,500 $253,000 17.6%
Coachella 13 9 44.4% $295,000 $262,500 12.4%
White Water 3 0 $280,000 $0
Cabazon 3 2 50% $230,000 $178,750 28.7%


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