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SW Riverside News

Sunday, November 17, 2024

Perris home prices rise in July 2020

Realestate5

The median sale price of a home sold in July 2020 in Perris rose by $15,500 while total sales decreased by 42.1%, according to BlockShopper.com.

In July 2020, there were 44 homes sold, with a median sale price of $355,000 - a 4.6% increase over the $339,500 median sale price for the same period of the previous year. There were 76 homes sold in Perris in July 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 July 2020.

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

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Menifee 122183-33.3%$370,000$349,0006%
Moreno Valley94208-54.8%$370,000$335,00010.4%
Cathedral City3572-51.4%$366,000$326,00012.3%
Palm Desert135205-34.1%$362,000$359,0000.8%
Beaumont3975-48%$359,000$350,0002.6%
Perris4476-42.1%$355,000$339,5004.6%
Calimesa39-66.7%$340,000$405,500-16.2%
Indio78117-33.3%$339,500$318,5006.6%
Cherry Valley 7616.7%$325,000$272,50019.3%
Idyllwild-Pine Cove 249166.7%$325,000$275,00018.2%
Lakeland Village38-62.5%$307,000$283,5008.3%

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