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Monday, November 18, 2024

Perris home prices fall in May 2020

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The median sale price of a home sold in May 2020 in Perris fell by $3,500 while total sales decreased by 59.3%, according to BlockShopper.com.

In May 2020, there were 35 homes sold, with a median sale price of $335,000 - a 1% decrease over the $338,500 median sale price for the same period of the previous year. There were 86 homes sold in Perris in May 2019.

The median sales tax in Perris for the most recent year with available data, 2016, was $3,155, approximately 0.9% of the median home sale price for May 2020.

The following table compares Perris to other Riverside County cities with similar median sales prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Beaumont3874-48.6%$366,500$334,0009.7%
Bermuda Dunes 411-63.6%$361,500$360,0000.4%
Aguanga 34-25%$355,000$345,0002.9%
Nuevo 35-40%$355,000$333,0006.6%
Moreno Valley110211-47.9%$350,000$336,5004%
Perris3586-59.3%$335,000$338,500-1%
Indio48131-63.4%$334,500$310,0007.9%
Cathedral City3176-59.2%$319,000$322,750-1.2%
Lakeland Village48-50%$316,000$294,0007.5%
Thousand Palms37-57.1%$300,000$274,0009.5%
Banning1331-58.1%$295,000$250,00018%

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