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SW Riverside News

Saturday, November 16, 2024

Winchester home prices rose in October 2020

Realestate077

The median sale price of a home sold in October 2020 in Winchester rose by $127,500 while total sales decreased by 18.6%, according to BlockShopper.com.

In October 2020, there were 48 homes sold, with a median sale price of $522,500 - a 32.3% increase over the $395,000 median sale price for the same period of the previous year. There were 59 homes sold in Winchester in October 2019.

The median sales tax in Winchester for the most recent year with available data, 2016, was $4,805, approximately 0.9% of the median home sale price for October 2020.

The following table compares Winchester 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)
Canyon Lake35342.9%$569,500$482,25018.1%
La Quinta19311666.4%$560,000$420,00033.3%
Homeland 23-33.3%$555,000$498,00011.4%
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%

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