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Thursday, December 19, 2024

What happened to the median home price in Perris during July 2021?

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The median sale price of a home sold in July 2021 in Perris rose by $66,500 while total sales decreased by 29.3%, according to BlockShopper.com.

In July 2021, there were 41 homes sold, with a median sale price of $440,000 - a 17.8% increase over the $373,500 median sale price for the same period of the previous year. There were 58 homes sold in Perris in July 2020.

The median sales tax in Perris for the most recent year with available data, 2019, was $3,731, approximately 0.8% of the median home sale price for July 2021.

The following table compares Perris to other Riverside County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Beaumont2639-33.3%$468,250$372,50025.7%
Idyllwild-Pine Cove 327-88.9%$465,000$295,00057.6%
Rubidoux 1215-20%$465,000$425,0009.4%
Cherry Valley 46-33.3%$452,500$352,50028.4%
Colton 10-$440,000$0-
Perris4158-29.3%$440,000$373,50017.8%
Indio5971-16.9%$435,000$330,00031.8%
San Jacinto3743-14%$433,000$321,00034.9%
Cathedral City3353-37.7%$425,000$360,00018.1%
Nuevo 17-85.7%$414,000$475,000-12.8%
Lakeview 10-$405,000$0-

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