Quantcast

SW Riverside News

Saturday, November 16, 2024

Murrieta median home prices rose by 13.5% in October 2020

Re 1

The median sale price of a home sold in October 2020 in Murrieta rose by $59,000 while total sales increased by 40.5%, according to BlockShopper.com.

In October 2020, there were 281 homes sold, with a median sale price of $495,000 - a 13.5% increase over the $436,000 median sale price for the same period of the previous year. There were 200 homes sold in Murrieta in October 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 October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Mira Loma 1213-7.7%$555,000$459,00020.9%
Temecula22017724.3%$539,500$470,00014.8%
Winchester 4859-18.6%$522,500$395,00032.3%
Mountain Center 105100%$500,000$570,000-12.3%
Thermal10-$500,000$0-
Murrieta28120040.5%$495,000$436,00013.5%
Wildomar41387.9%$495,000$406,00021.9%
Palm Springs1769879.6%$477,000$461,7503.3%
Rubidoux 2021-4.8%$472,500$400,00018.1%
Riverside35230017.3%$465,000$415,00012%
Colton 110%$460,000$605,000-24%

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