In November 2020, there were 176 homes sold, with a median sale price of $329,250 - a 18.4% increase over the $278,000 median sale price for the same period of the previous year. There were 145 homes sold in Hemet in November 2019.
The median sales tax in Hemet for the most recent year with available data, 2019, was $2,325, approximately 0.7% of the median home sale price for November 2020.
The following table compares Hemet to other Riverside County cities with similar median sale prices in November 2020:
City | Nov. 2020 Home Sales | Nov. 2019 Home Sales | % change (Total Home Sales) | Nov. 2020 Median Sales Price | Nov. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Idyllwild-Pine Cove | 34 | 21 | 61.9% | $385,000 | $307,000 | 25.4% |
Perris | 77 | 55 | 40% | $385,000 | $331,500 | 16.1% |
Indio | 110 | 80 | 37.5% | $361,250 | $348,000 | 3.8% |
Cabazon | 2 | 3 | -33.3% | $353,500 | $197,000 | 79.4% |
San Jacinto | 53 | 51 | 3.9% | $350,000 | $303,500 | 15.3% |
Hemet | 176 | 145 | 21.4% | $329,250 | $278,000 | 18.4% |
White Water | 1 | 0 | - | $322,500 | $0 | - |
Lakeland Village | 10 | 8 | 25% | $307,500 | $301,500 | 2% |
Banning | 36 | 27 | 33.3% | $285,000 | $269,000 | 5.9% |
Lakeview | 1 | 0 | - | $285,000 | $0 | - |
Coachella | 14 | 17 | -17.6% | $280,000 | $283,000 | -1.1% |