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Tuesday, November 5, 2024

How did home prices perform in Mountain Center during 2020?

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The median sale price of a home sold in 2020 in Mountain Center rose by $32,250 while total sales increased by 56.7%, according to BlockShopper.com.

From January through December of 2020, there were 47 homes sold, with a median sale price of $475,000 - a 7.3% increase over the $442,750 median sale price for the previous year. There were 30 homes sold in Mountain Center in 2019.

The median sales tax in Mountain Center for the most recent year with available data, 2016, was $2,915, approximately 0.6% of the median home sale price for 2020.

The following table compares Mountain Center to other Riverside County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Corona1,8481,63513%$560,000$520,0007.7%
Mira Loma 101115-12.2%$540,000$500,0008%
Canyon Lake26218740.1%$524,000$440,00019.1%
Temecula1,4781,26317%$511,000$470,0008.7%
Colton 610-40%$494,500$310,00059.5%
Mountain Center 473056.7%$475,000$442,7507.3%
La Quinta1,23794231.3%$475,000$445,0006.7%
Palm Springs1,2601,08715.9%$475,000$440,0008%
Murrieta1,7031,38423%$465,000$430,0008.1%
Homeland 12933.3%$462,500$320,00044.5%
Winchester 40230332.7%$450,500$430,0004.8%

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