Riverside home prices rise in 2019

Medium realestate1

The median sale price of a home sold in 2019 in Riverside rose by $10,000 while total sales decreased by 35.9%, according to BlockShopper.com.

From January through December of 2019, there were 2,247 homes sold, with a median sale price of $410,000 - a 2.5% increase over the $400,000 median sale price for the previous year. There were 3,508 homes sold in Riverside in 2018.

The median sales tax in Riverside for the most recent year with available data, 2016, was $2,709, approximately 0.7% of the median home sale price for 2019.

The following table compares Riverside to other Riverside County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Palm Springs1,0871,681-35.3%$440,000$412,0006.8%
Winchester 303528-42.6%$430,000$430,0000%
Romoland 1839-53.8%$410,000$376,0009%
Bermuda Dunes 90166-45.8%$389,500$354,5009.9%
Nuevo 3865-41.5%$385,000$370,0004.1%
Rubidoux 115214-46.3%$377,000$365,0003.3%
Lake Elsinore555871-36.3%$369,000$370,000-0.3%

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