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In February 2017, there were 59 homes sold, with a median sale price of $320,000 - a 0.2% decrease over the $320,500 median sale price for the same period of the previous year. There were 63 homes sold in Lake Elsinore in February 2016.
The median sales tax in Lake Elsinore for the most recent year with available data, 2016, was $3,573, approximately 1.1% of the median home sale price for February 2017.
The following table compares Lake Elsinore to other Riverside County cities with similar median sales prices in February 2017:
| City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| La Quinta | 119 | 96 | 24% | $361,000 | $352,750 | 2.3% |
| Riverside | 231 | 227 | 1.8% | $360,000 | $321,000 | 12.1% |
| Idyllwild-Pine Cove | 7 | 12 | -41.7% | $350,000 | $222,500 | 57.3% |
| Calimesa | 9 | 22 | -59.1% | $343,500 | $374,000 | -8.2% |
| Rubidoux | 12 | 13 | -7.7% | $321,000 | $261,000 | 23% |
| Lake Elsinore | 59 | 63 | -6.3% | $320,000 | $320,500 | -0.2% |
| Menifee | 122 | 137 | -10.9% | $310,000 | $290,000 | 6.9% |
| Romoland | 1 | 0 | - | $300,000 | $0 | - |
| Bermuda Dunes | 5 | 8 | -37.5% | $300,000 | $315,000 | -4.8% |
| Moreno Valley | 155 | 153 | 1.3% | $295,000 | $270,000 | 9.3% |
| Perris | 66 | 63 | 4.8% | $290,000 | $260,000 | 11.5% |
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