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Sunday, September 22, 2024

Rubidoux home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Rubidoux rose by $11,750 while total sales increased by 50%, according to BlockShopper.com.

In December 2018, there were 21 homes sold, with a median sale price of $345,000 - a 3.5% increase over the $333,250 median sale price for the same period of the previous year. There were 14 homes sold in Rubidoux in December 2017.

The median sales tax in Rubidoux for the most recent year with available data, 2016, was $2,276, approximately 0.7% of the median home sale price for December 2018.

The following table compares Rubidoux to other Riverside County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Wildomar2732-15.6%$398,000$370,5007.4%
Romoland 611-45.5%$398,000$368,5008%
La Quinta89121-26.4%$379,000$393,000-3.6%
Lake Elsinore5984-29.8%$375,000$344,0009%
Nuevo 412-66.7%$351,750$320,0009.9%
Rubidoux 211450%$345,000$333,2503.5%
Menifee 112129-13.2%$341,750$333,0002.6%
Homeland 12-50%$337,000$217,00055.3%
Beaumont4169-40.6%$334,000$314,0006.4%
Perris79790%$330,000$285,00015.8%
Moreno Valley134192-30.2%$330,000$320,0003.1%

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