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SW Riverside News

Sunday, November 17, 2024

September 2019: Home prices in Corona increased

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The median sale price of a home sold in September 2019 in Corona rose by $7,500 while total sales increased by 20.8%, according to BlockShopper.com.

In September 2019, there were 244 homes sold, with a median sale price of $522,500 - a 1.5% increase over the $515,000 median sale price for the same period of the previous year. There were 202 homes sold in Corona in September 2018.

The median sales tax in Corona for 2019 was $5,056. In 2018, the median sales tax was $4,985. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

The following table compares Corona to other Riverside County cities with similar median sale prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Indian Wells251838.9%$652,500$478,50036.4%
Norco332250%$605,000$601,0000.7%
Mountain Center 71600%$560,000$450,00024.4%
Rancho Mirage695232.7%$525,000$610,000-13.9%
Corona24420220.8%$522,500$515,0001.5%
Canyon Lake3314135.7%$515,000$485,0006.2%
Mira Loma 1416-12.5%$485,000$502,500-3.5%
Bermuda Dunes 12120%$482,500$360,00034%
Temecula1621526.6%$480,000$475,0001.1%
Aguanga 12-50%$475,000$171,250177.4%
Palm Springs112115-2.6%$443,000$435,0001.8%

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