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NW Riverside News

Wednesday, September 25, 2024

Rubidoux home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Rubidoux fell by $6,000 while total sales increased by 25%, according to BlockShopper.com.

From July through September of 2020, there were 35 homes sold, with a median sale price of $425,000 - a 1.4% decrease over the $431,000 median sale price for the same period of the previous year. There were 28 homes sold in Rubidoux in the third quarter of 2019.

The median sales tax in Rubidoux for the most recent year with available data, 2016, was $2,276, approximately 0.5% of the median home sale price for the third quarter of 2020.

The following table compares Rubidoux to other Riverside County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Colton 21100%$499,500$161,500209.3%
Wildomar826526.2%$472,500$420,00012.5%
Murrieta60934377.6%$470,000$435,0008%
Winchester 1108234.1%$465,000$424,0009.7%
Riverside75154238.6%$460,000$410,00012.2%
Rubidoux 352825%$425,000$431,000-1.4%
Romoland 34-25%$420,000$409,0002.7%
Lake Elsinore20014637%$415,000$385,5007.7%
Lakeview 330%$410,000$360,00013.9%
Aguanga 510-50%$401,000$365,0009.9%
Bermuda Dunes 362356.5%$397,500$395,0000.6%

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