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Wednesday, September 25, 2024

What happened to the median home price in Mountain Center during September 2020?

Realestate5

The median sale price of a home sold in September 2020 in Mountain Center fell by $175,000 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

In September 2020, there were seven homes sold, with a median sale price of $385,000 - a 31.3% decrease over the $560,000 median sale price for the same period of the previous year. There were seven homes sold in Mountain Center in September 2019, as well.

The median sales tax in Mountain Center for the most recent year with available data, 2019, was $3,271, approximately 0.8% of the median home sale price for September 2020.

The following table compares Mountain Center to other Riverside County cities with similar median sale prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Lake Elsinore7686-11.6%$405,500$385,0005.3%
Anza 5425%$397,000$250,00058.8%
Calimesa191090%$395,000$322,50022.5%
Menifee 19215821.5%$390,000$345,50012.9%
Lakeview 110%$387,500$299,00029.6%
Mountain Center 770%$385,000$560,000-31.3%
Aguanga 21100%$384,000$475,000-19.2%
Cathedral City634928.6%$382,500$315,00021.4%
Indio1219922.2%$380,000$300,00026.7%
Moreno Valley158177-10.7%$378,500$347,0009.1%
Bermuda Dunes 151225%$375,000$482,500-22.3%

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