$6,531 Closing Credit*
$550,000
1,432 SqFt
3 Beds
•2 Full Baths
Iris Stricklin, Listing Office: Legacy Realty Inc.
Is West Perris, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, West Perris has remained a Seller's Market.
Key Takeaway
West Perris is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Perris, CA
How much do homes in West Perris, CA cost?
Median Sold Price
$480,000
$343/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+4.3%)
Key Takeaway
Homes in West Perris have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in West Perris was $480,000 in October 2024, up 4.3% from last year, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $382K | $390K | +2.1% |
| 3 Bedrooms | $445K | $464.5K | +4.4% |
| 4 Bedrooms | $545.9K | $555K | +1.6% |
| 5+ Bedrooms | $631K | $640K | +1.4% |
Summary: West Perris housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Good Hope | $460K | $610K | +32.6% |
| West Perris | $460K | $480K | +4.3% |
Housing Supply in West Perris, CA
How many homes are available in West Perris, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Summary: The West Perris real estate market had 13 homes for sale in October 2024, a 13.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Perris housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Perris, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in West Perris in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for West Perris, CA
How long does it take to sell a home in West Perris, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 25 Days | -25.2% |
Summary: Homes in West Perris had an average of 25 days on market in Oct 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Perris are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in West Perris; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.