From January through December of 2019, there were 1,263 homes sold, with a median sale price of $470,000 - a 1.2% increase over the $464,500 median sale price for the previous year. There were 1,933 homes sold in Temecula in 2018.
The median sales tax in Temecula for the most recent year with available data, 2016, was $4,479, approximately 1% of the median home sale price for 2019.
The following table compares Temecula to other Riverside County cities with similar median sales prices in 2019:
City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Yucaipa | 2 | 7 | -71.4% | $663,750 | $675,000 | -1.7% |
Norco | 154 | 281 | -45.2% | $595,000 | $575,000 | 3.5% |
Rancho Mirage | 523 | 846 | -38.2% | $525,000 | $520,000 | 1% |
Corona | 1,635 | 2,652 | -38.3% | $520,000 | $510,000 | 2% |
Mira Loma | 115 | 181 | -36.5% | $500,000 | $475,000 | 5.3% |
Temecula | 1,263 | 1,933 | -34.7% | $470,000 | $464,500 | 1.2% |
La Quinta | 942 | 1,516 | -37.9% | $445,000 | $418,500 | 6.3% |
Mountain Center | 30 | 40 | -25% | $442,750 | $335,500 | 32% |
Canyon Lake | 187 | 251 | -25.5% | $440,000 | $425,000 | 3.5% |
Palm Springs | 1,087 | 1,681 | -35.3% | $440,000 | $412,000 | 6.8% |
Murrieta | 1,384 | 2,137 | -35.2% | $430,000 | $420,000 | 2.4% |