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Sunday, November 17, 2024

Winchester home prices fall in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Winchester fell by $11,000 while total sales decreased by 46.4%, according to BlockShopper.com.

From July through September of 2019, there were 82 homes sold, with a median sale price of $424,000 - a 2.5% decrease over the $435,000 median sale price for the same period of the previous year. There were 153 homes sold in Winchester in the third quarter of 2018.

The median sales tax in Winchester for the most recent year with available data, 2016, was $4,805, approximately 1.1% of the median home sale price for the third quarter of 2019.

The following table compares Winchester to other Riverside County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Mira Loma 2757-52.6%$500,000$509,000-1.8%
Temecula340518-34.4%$479,500$470,0002%
Canyon Lake5077-35.1%$475,000$422,45412.4%
Murrieta343555-38.2%$435,000$420,0003.6%
Rubidoux 2854-48.1%$431,000$330,00030.6%
Winchester 82153-46.4%$424,000$435,000-2.5%
La Quinta188331-43.2%$421,000$400,0005.3%
Mountain Center 911-18.2%$420,000$398,0005.5%
Wildomar6598-33.7%$420,000$411,0002.2%
Palm Springs213400-46.8%$419,000$439,000-4.6%
Riverside542943-42.5%$410,000$405,0001.2%

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