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Saturday, November 16, 2024

Rising home prices in Perris in November 2020

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The median sale price of a home sold in November 2020 in Perris rose by $53,500 while total sales increased by 40%, according to BlockShopper.com.

In November 2020, there were 77 homes sold, with a median sale price of $385,000 - a 16.1% increase over the $331,500 median sale price for the same period of the previous year. There were 55 homes sold in Perris in November 2019.

The median sales tax in Perris for the most recent year with available data, 2019, was $3,731, approximately 1% of the median home sale price for November 2020.

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

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Palm Desert22913668.4%$395,000$345,00014.5%
Beaumont7132121.9%$395,000$337,00017.2%
Cathedral City564427.3%$394,000$342,50015%
Moreno Valley152155-1.9%$389,000$339,00014.7%
Idyllwild-Pine Cove 342161.9%$385,000$307,00025.4%
Perris775540%$385,000$331,50016.1%
Indio1108037.5%$361,250$348,0003.8%
Cabazon 23-33.3%$353,500$197,00079.4%
San Jacinto53513.9%$350,000$303,50015.3%
Hemet17614521.4%$329,250$278,00018.4%
White Water 10-$322,500$0-

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