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Monday, November 18, 2024

Perris home prices rise in 2019

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The median sale price of a home sold in 2019 in Perris rose by $13,500 while total sales decreased by 43.1%, according to BlockShopper.com.

From January through December of 2019, there were 526 homes sold, with a median sale price of $328,500 - a 4.3% increase over the $315,000 median sale price for the previous year. There were 925 homes sold in Perris in 2018.

The median sales tax in Perris for the most recent year with available data, 2016, was $3,155, approximately 1% of the median home sale price for 2019.

The following table compares Perris to other Riverside County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Lakeview 512-58.3%$360,000$416,000-13.5%
Palm Desert1,4952,163-30.9%$349,000$335,0004.2%
Menifee 1,1411,694-32.6%$347,500$340,0002.2%
Beaumont429670-36%$338,000$326,2503.6%
Moreno Valley1,2772,139-40.3%$335,000$325,0003.1%
Perris526925-43.1%$328,500$315,0004.3%
Cathedral City456726-37.2%$325,000$302,7507.3%
Homeland 922-59.1%$320,000$330,000-3%
Indio7781,299-40.1%$314,000$313,0000.3%
Idyllwild-Pine Cove 82185-55.7%$310,000$310,0000%
Colton 10100%$310,000$501,000-38.1%

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