Calimesa home prices fall in May 2018

Calimesa home prices fall in May 2018
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The median sale price of a home sold in May 2018 in Calimesa fell by $79,000 while total sales increased by 33.3%, according to BlockShopper.com.

In May 2018, there were 12 homes sold, with a median sale price of $330,500 – a 19.3% decrease over the $409,500 median sale price for the same period of the previous year. There were nine homes sold in Calimesa in May 2017.

The median sales tax in Calimesa for the most recent year with available data, 2016, was $2,563, approximately 0.8% of the median home sale price for May 2018.

The following table compares Calimesa to other Riverside County cities with similar median sales prices in May 2018:

City May 2018 Home Sales May 2017 Home Sales % change (Total Home Sales) May 2018 Median Sales Price May 2017 Median Sales Price % change (Median Sales Price)
Lake Elsinore 86 112 -23.2% $370,000 $344,000 7.6%
Rubidoux 26 15 73.3% $349,000 $339,000 2.9%
Idyllwild-Pine Cove 17 28 -39.3% $345,000 $289,500 19.2%
Menifee 157 197 -20.3% $335,000 $326,000 2.8%
Beaumont 59 87 -32.2% $335,000 $295,000 13.6%
Calimesa 12 9 33.3% $330,500 $409,500 -19.3%
Palm Desert 246 234 5.1% $326,000 $300,000 8.7%
Moreno Valley 210 243 -13.6% $324,000 $302,000 7.3%
Bermuda Dunes 19 16 18.8% $319,000 $312,000 2.2%
Anza 3 0 – $310,000 $0 –
Mountain Center 3 5 -40% $310,000 $300,000 3.3%


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