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Friday, November 1, 2024

The first half of 2021: Perris experienced a 21.5% increase in median home prices

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The median sale price of a home sold in the first half of 2021 in Perris rose by $73,500 while total sales increased by 51.6%, according to BlockShopper.com.

From January through June of 2021, there were 373 homes sold, with a median sale price of $415,000 - a 21.5% increase over the $341,500 median sale price for the same period of the previous year. There were 246 homes sold in Perris in the first half of 2020.

The median sales tax in Perris for the most recent year with available data, 2019, was $3,731, approximately 0.9% of the median home sale price for the first half of 2021.

The following table compares Perris to other Riverside County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Idyllwild-Pine Cove 1207462.2%$432,500$327,50032.1%
Menifee 91155564.1%$432,000$360,00020%
Beaumont25719333.2%$430,000$350,00022.9%
Aguanga 211190.9%$425,000$305,00039.3%
Moreno Valley87363337.9%$420,000$350,00020%
Perris37324651.6%$415,000$341,50021.5%
Indio712338110.7%$401,750$325,00023.6%
Cathedral City35720375.9%$399,000$340,00017.4%
Homeland 103233.3%$396,000$528,000-25%
San Jacinto31721646.8%$375,000$305,00023%
Lakeland Village3516118.8%$368,000$312,50017.8%

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