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Sunday, November 17, 2024

Calimesa home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Calimesa fell by $60,000 while total sales decreased by 15.4%, according to BlockShopper.com.

In July 2018, there were 11 homes sold, with a median sale price of $350,000 - a 14.6% decrease over the $410,000 median sale price for the same period of the previous year. There were 13 homes sold in Calimesa in July 2017.

The median sales tax in Calimesa for the most recent year with available data, 2016, was $2,563, approximately 0.7% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
La Quinta14312217.2%$400,000$394,7501.3%
Riverside341360-5.3%$400,000$380,0005.3%
Lake Elsinore948411.9%$384,409$358,0007.4%
Cherry Valley 37-57.1%$372,500$280,00033%
Romoland 21100%$352,545$160,000120.3%
Calimesa1113-15.4%$350,000$410,000-14.6%
Menifee 139183-24%$349,500$331,0005.6%
Beaumont65633.2%$342,000$315,0008.6%
Bermuda Dunes 1518-16.7%$339,000$421,500-19.6%
Palm Desert18716016.9%$338,500$330,5002.4%
Indio100122-18%$331,500$272,50021.7%

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