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Saturday, April 5, 2025

Lake Elsinore home prices rise in October 2017

Webp re 12

The median sale price of a home sold in October 2017 in Lake Elsinore rose by $36,000 while total sales decreased by 17.4%, according to BlockShopper.com.

In October 2017, there were 76 homes sold, with a median sale price of $365,500 - a 10.9% increase over the $329,500 median sale price for the same period of the previous year. There were 92 homes sold in Lake Elsinore in October 2016.

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 October 2017.

The following table compares Lake Elsinore to other Riverside County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Winchester 393030%$400,000$383,5004.3%
Riverside303318-4.7%$370,000$350,7505.5%
La Quinta1101072.8%$370,000$359,0003.1%
Wildomar393125.8%$368,000$370,000-0.5%
Calimesa2612116.7%$365,500$305,00019.8%
Lake Elsinore7692-17.4%$365,500$329,50010.9%
Anza 36-50%$355,000$237,50049.5%
Palm Springs1369838.8%$353,500$372,500-5.1%
Aguanga 45-20%$352,500$365,000-3.4%
Homeland 12-50%$339,000$447,000-24.2%
Rubidoux 1318-27.8%$335,000$335,0000%

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