Quantcast

SW Riverside News

Saturday, November 16, 2024

What happened to the median home price in Murrieta during November 2020?

Re 4

The median sale price of a home sold in November 2020 in Murrieta rose by $76,000 while total sales increased by 40.5%, according to BlockShopper.com.

In November 2020, there were 215 homes sold, with a median sale price of $510,000 - a 17.5% increase over the $434,000 median sale price for the same period of the previous year. There were 153 homes sold in Murrieta in November 2019.

The median sales tax in Murrieta for the most recent year with available data, 2019, was $4,566, approximately 0.9% of the median home sale price for November 2020.

The following table compares Murrieta 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)
Canyon Lake3618100%$572,000$555,0003.1%
Temecula19616022.5%$537,000$465,00015.5%
La Quinta15310053%$530,000$437,50021.1%
Colton 110%$525,000$645,000-18.6%
Cherry Valley 114175%$525,000$285,00084.2%
Murrieta21515340.5%$510,000$434,00017.5%
Nuevo 125140%$507,750$305,00066.5%
Wildomar333010%$482,500$432,50011.6%
Winchester 4648-4.2%$473,750$404,50017.1%
Riverside34725635.5%$455,000$437,0004.1%
Palm Springs17110267.6%$450,000$514,500-12.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS