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Tuesday, November 5, 2024

Mountain Center home prices fall in the second half of 2019

Realestate4

The median sale price of a home sold in the second half of 2019 in Mountain Center fell by $4,000 while total sales decreased by 50%, according to BlockShopper.com.

From July through December of 2019, there were nine homes sold, with a median sale price of $420,000 - a 0.9% decrease over the $424,000 median sale price for the same period of the previous year. There were 18 homes sold in Mountain Center in the second half of 2018.

The median sales tax in Mountain Center for the most recent year with available data, 2016, was $2,915, approximately 0.7% of the median home sale price for the second half of 2019.

The following table compares Mountain Center to other Riverside County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Murrieta3431,026-66.6%$435,000$420,0003.6%
Rubidoux 28104-73.1%$431,000$358,50020.2%
Winchester 82266-69.2%$424,000$435,000-2.5%
La Quinta188642-70.7%$421,000$411,0002.4%
Wildomar65178-63.5%$420,000$410,0002.4%
Mountain Center 918-50%$420,000$424,000-0.9%
Palm Springs213743-71.3%$419,000$440,000-4.8%
Riverside5421,792-69.8%$410,000$405,0001.2%
Romoland 422-81.8%$409,000$375,5008.9%
Bermuda Dunes 2376-69.7%$395,000$368,5007.2%
Lake Elsinore146413-64.6%$385,500$375,0002.8%

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