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Sunday, November 17, 2024

Calimesa home prices fall in October 2018

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The median sale price of a home sold in October 2018 in Calimesa fell by $55,000 while total sales decreased by 57.7%, according to BlockShopper.com.

In October 2018, there were 11 homes sold, with a median sale price of $310,500 - a 15% decrease over the $365,500 median sale price for the same period of the previous year. There were 26 homes sold in Calimesa in October 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 October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Cherry Valley 6520%$335,000$250,00034%
Moreno Valley163226-27.9%$330,000$310,0006.5%
Menifee 146154-5.2%$320,000$312,5002.4%
Perris7184-15.5%$320,000$303,5005.4%
Indio102112-8.9%$319,500$299,2506.8%
Calimesa1126-57.7%$310,500$365,500-15%
Lakeland Village9812.5%$308,000$257,50019.6%
Cathedral City65624.8%$307,000$300,0002.3%
San Jacinto6468-5.9%$300,000$269,50011.3%
Idyllwild-Pine Cove 1827-33.3%$287,500$295,000-2.5%
Hemet153170-10%$269,000$254,5005.7%

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