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NW Riverside News

Friday, September 27, 2024

Rubidoux home prices fall in August 2020

Realestate4

The median sale price of a home sold in August 2020 in Rubidoux fell by $45,000 while total sales decreased by 60%, according to BlockShopper.com.

In August 2020, there were four homes sold, with a median sale price of $370,000 - a 10.8% decrease over the $415,000 median sale price for the same period of the previous year. There were 10 homes sold in Rubidoux in August 2019.

The median sales tax in Rubidoux for the most recent year with available data, 2016, was $2,276, approximately 0.6% of the median home sale price for August 2020.

The following table compares Rubidoux to other Riverside County cities with similar median sales prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Lake Elsinore3166-53%$415,000$387,5007.1%
Palm Desert77107-28%$390,000$345,00013%
Lakeland Village13-66.7%$382,500$250,00053%
Moreno Valley5799-42.4%$375,000$349,0007.4%
Cathedral City2230-26.7%$370,500$331,00011.9%
Rubidoux 410-60%$370,000$415,000-10.8%
Thousand Palms20-$365,000$0-
Perris2642-38.1%$360,000$329,0009.4%
Indio5966-10.6%$355,000$319,50011.1%
Bermuda Dunes 56-16.7%$355,000$427,000-16.9%
San Jacinto1246-73.9%$353,500$299,00018.2%

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