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Friday, November 1, 2024

Mountain Center median home prices rose by 63.3% in July 2021

Realestate4

The median sale price of a home sold in July 2021 in Mountain Center rose by $240,000 while total sales decreased by 25%, according to BlockShopper.com.

In July 2021, there were three homes sold, with a median sale price of $619,000 - a 63.3% increase over the $379,000 median sale price for the same period of the previous year. There were four homes sold in Mountain Center in July 2020.

The median sales tax in Mountain Center for the most recent year with available data, 2019, was $3,271, approximately 0.5% of the median home sale price for July 2021.

The following table compares Mountain Center to other Riverside County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Corona127172-26.2%$680,000$580,00017.2%
Rancho Mirage4563-28.6%$656,000$440,00049.1%
Temecula105154-31.8%$650,000$519,00025.2%
La Quinta7689-14.6%$637,500$435,00046.6%
Canyon Lake2227-18.5%$622,500$475,00031.1%
Mountain Center 34-25%$619,000$379,00063.3%
Wildomar1823-21.7%$590,000$465,00026.9%
Murrieta128160-20%$583,250$465,00025.4%
Palm Springs85103-17.5%$579,000$510,00013.5%
Bermuda Dunes 910-10%$570,000$402,50041.6%
Winchester 27258%$565,000$450,00025.6%

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