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SRCAR REALTOR Report - June 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 Southwest Riverside County is up 3% from $600,000 to $615,000. Menifee's median home value is down to $578,990 from last month's $595,000, but still up 15.8% from June 2021.

While home sales have seen a decline, reliable lending standards are likely to prevent a crash.

Menifee Statistics

Single Family Residential Transactions - $101,739,642
Median Home Value - $578,990
Average Price per Square Foot - $299.78
Bedrooms - 3
Bathrooms - 3
Average Year Built - 2000