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SRCAR REALTOR® Report - January 2023

January 2023 Realtor Report

First Edition of the REALTOR® Report in 2023

The latest housing market trends for Southwest Riverside County are now available. The REALTOR® Report covers closed sales in the last month, meaning the contracts being analyzed were potentially signed 2-3 months ago.

The median home price in Southwest Riverside County dipped 2% from the previous month, down 4% from January 2022, but still up 17.2% from January 2021.

Menifee Statistics:

Single Family Residential Transaction Value - $51,674,818
Median Home Price - $541,900
Average Price Per Square Foot - $269.24
Bedrooms - 3
Bathrooms - 3
Average Year Built - 2000