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SRCAR Realtor Report - May 2022

SRCAR Realtor Report May 2022

May Edition of SRCAR's REALTOR® Report

The latest Southwest Riverside County Association of Realtors report is now live.

The Median home price in the region remained steady from April at $600,000. Menifee's prices increased to $595,000 compared to April's $580,000.

SRCAR hosted a City Manager's breakfast in Hemet, San Jacinto, Perris, Moreno Valley, and Beaumont. As a result, those cities have approved 14,000 with some already being under construction. Lake Elsinore has planned for an additional 20,000 units.

Menifee Statistics

Single Family Residential Transactions - $113,017,216
Median Home Price - $595,500
Average price per square foot - $295.17
Bedrooms - 3
Bathrooms - 3
Average Year Built - 1999

Download the full May REALTOR Report

Read the Report for April 2022