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NW Riverside News

Sunday, November 24, 2024

Home prices increased in Winchester during May 2021

Re 9

The median sale price of a home sold in May 2021 in Winchester rose by $118,000 while total sales increased by 125%, according to BlockShopper.com.

In May 2021, there were 27 homes sold, with a median sale price of $553,000 - a 27.1% increase over the $435,000 median sale price for the same period of the previous year. There were 12 homes sold in Winchester in May 2020.

The median sales tax in Winchester for the most recent year with available data, 2016, was $4,772, approximately 0.9% of the median home sale price for May 2021.

The following table compares Winchester to other Riverside County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Bermuda Dunes 81700%$621,250$42,0001379.2%
Murrieta11543167.4%$577,000$412,00040%
Nuevo 31200%$564,000$265,000112.8%
Lakeview 10-$560,000$0-
Wildomar191090%$555,000$382,50045.1%
Winchester 2712125%$553,000$435,00027.1%
Romoland 12-50%$532,000$357,50048.8%
Riverside1217757.1%$510,000$425,00020%
Palm Desert12642200%$499,000$395,00026.3%
Rubidoux 770%$490,000$418,00017.2%
Lake Elsinore332437.5%$490,000$394,50024.2%

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