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East SBV Times

Sunday, November 17, 2024

Calimesa home prices fall in May 2018

Realestate5

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:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Lake Elsinore86112-23.2%$370,000$344,0007.6%
Rubidoux 261573.3%$349,000$339,0002.9%
Idyllwild-Pine Cove 1728-39.3%$345,000$289,50019.2%
Menifee 157197-20.3%$335,000$326,0002.8%
Beaumont5987-32.2%$335,000$295,00013.6%
Calimesa12933.3%$330,500$409,500-19.3%
Palm Desert2462345.1%$326,000$300,0008.7%
Moreno Valley210243-13.6%$324,000$302,0007.3%
Bermuda Dunes 191618.8%$319,000$312,0002.2%
Anza 30-$310,000$0-
Mountain Center 35-40%$310,000$300,0003.3%

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