Hemet Market Report
$410,221
AVERAGE PRICE OF 849 HOMES$511,227
AVERAGE PRICE OF 11 DISTRESSED HOMES$2,620,290
AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES$450,456
AVERAGE PRICE OF 57 NEWLY BUILT HOMES$339,860
AVERAGE PRICE OF 198 HOMES WITH A POOL$393,025
AVERAGE PRICE OF 19 REDUCED PRICE HOMESAverage Home
| Average Price | $410,221 |
| Avg Bedrooms | 1.92 beds |
| Avg Bathrooms | 1.48 baths |
Average Price by Bedrooms
| 1 bedroom | $138,400 |
| 2 bedrooms | $232,004 |
| 3 bedrooms | $401,028 |
| 4 bedrooms | $569,340 |
| 5 bedrooms | $732,894 |
Hemet Home Price Trends
| 5/2023 | 4/2023 | 3/2023 | 2/2023 | 1/2023 | |
|---|---|---|---|---|---|
| Total Listings | 857 | 848 | 885 | 870 | 833 |
| Average Price | $417,802 | $432,993 | $435,512 | $436,583 | $414,496 |
| Avg Price Change | -3.64% | -0.58% | -0.25% | +5.33% | -3.16% |
| Median Price | $302,770 | $300,110 | $310,694 | $328,367 | $328,059 |
| Med Price Change | +0.89% | -3.53% | -5.69% | +0.09% | +0.95% |
| Avg Bedrooms | 1.94 beds | 1.9 beds | 1.94 beds | 1.97 beds | 1.96 beds |
| Avg Bathrooms | 1.5 baths | 1.46 baths | 1.49 baths | 1.51 baths | 1.5 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Hemet | 26 | $375,830 | 47 days |
| Perris | 1 | $85,000 | 201 days |
| San Jacinto | 2 | $420,000 | 78 days |
| Tahquitz | 11 | $253,527 | 51 days |
| West Valley | 26 | $319,918 | 45 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 849 | $410,221 | 151 days |
| Distressed Homes | 11 | $511,227 | 121 days |
| Multi-Million Dollar Homes | 38 | $2,620,290 | 371 days |
| Newly Built Homes | 57 | $450,456 | 61 days |
| Homes with a Pool | 198 | $339,860 | 69 days |
| Reduced Price Homes | 19 | $393,025 | 69 days |
