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Friday, April 4, 2025

Murrieta home prices rise in February 2017

Webp realestate5

The median sale price of a home sold in February 2017 in Murrieta rose by $20,000 while total sales increased by 2.2%, according to BlockShopper.com.

In February 2017, there were 137 homes sold, with a median sale price of $375,000 - a 5.6% increase over the $355,000 median sale price for the same period of the previous year. There were 134 homes sold in Murrieta in February 2016.

The median sales tax in Murrieta for the most recent year with available data, 2016, was $4,558, approximately 1.2% of the median home sale price for February 2017.

The following table compares Murrieta to other Riverside County cities with similar median sales prices in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Canyon Lake1216-25%$420,000$350,00020%
Palm Springs1219922.2%$415,000$360,00015.3%
Cherry Valley 330%$399,000$335,00019.1%
Wildomar322060%$385,000$354,5008.6%
Winchester 2839-28.2%$375,000$365,0002.7%
Murrieta1371342.2%$375,000$355,0005.6%
Nuevo 7475%$370,000$259,00042.9%
La Quinta1199624%$361,000$352,7502.3%
Riverside2312271.8%$360,000$321,00012.1%
Idyllwild-Pine Cove 712-41.7%$350,000$222,50057.3%
Calimesa922-59.1%$343,500$374,000-8.2%

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