Price Cuts Bottom in Perris Real Estate Market

The Perris market added another 63 transactions over the last 30 days. With 28 price reductions, the lowest amount since July, the market may be finding a price bottom. In comparison, Riverside had 125 price reductions in the same time frame, the most of all nearby cities. Prices are falling in Perris, and this period the median price of all sales fell from $274,900 to $257,500. With only two months of inventory and rising sales, Perris is a solid seller's market.

If you're looking for a large number of bathrooms, take a look at these three homes in Perris that offer the most of all available listings:

$365K   $328K   $355K  

Get started right now by checking out Perris homes for sale or reviewing Perris real estate trends.

Demographic facts about Perris:

  • The percentage of people who own their homes is 60.6%.
  • For every teacher there are 22.3 students in this area. (15.3 = national average)

Data reported through 1/11/2017


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