Real Estate Market Update for Perris, CA
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 46% from one year earlier, and down 23% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 280-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 12%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 240-thousand dollars. The number of units sold increased 5% year-over-year, and decreased 25% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Perris, CA
Area Information for Perris, CA
  • Population: 71,379
  • Median Age: 25.52 yr
  • Median Commute Time: 30.77 mins
  • Educational Climate*: 2
  • Sales Tax: 8%
  • Population Density: 2,274/sq mi
  • Population Change Since 2000: 95.3%
  • Closest Airport: Ontario International
  • Closest College: University Of California-riverside
  • Closest Jr. College: Riverside Comm College-moreno Valley
  • Median Household Income: $52,696
  • Annual Residential Turnover: 20.51%
  • Median Years in Residence: 3.11 yr
  • Median Home Sales Price: $150,000
  • Closest Major Sports Team: Anaheim Ducks
  • Change Avg. Household Income Since 2000: 47%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Perris, CA
Median Age: 25.52 Married: 25% Number of Households: 16,895 Households with Children: 11,181
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Perris, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Innovative Horizons Charter School At Nan Sanders 1.3 mi Public K-8 2 4
      Oak Grove At The Ranch 1.3 mi Private K-12 0 4
      Enchanted Hills Elementary 1.4 mi Public K-6 0 4
      California Military Institute 1.4 mi Public 5-12 3-5 4
      Val Verde Elementary 1.7 mi Public K-6 3 3
      Perris High School 1.8 mi Public 9-12 1 2
      Temple Christian Schools 1.9 mi Private PRESCHOOL-10 0 4
      Park Avenue Elementary 1.9 mi Public K-6 1 4
      St James Catholic School 2.0 mi Catholic K-8 0 4
      Perris Elementary 2.1 mi Public K-6 2 3
      Palms Elementary 2.2 mi Public K-6 1 3
      Perris Lake High (cont.) 2.3 mi Public 11-12 0 2
      Good Hope Elementary 2.5 mi Public K-6 1 2
      Triple Crown Elementary 2.6 mi Public K-5 3 5
      Sky View Elementary School 2.6 mi Public K-6 1 3
      Columbia Elementary 2.6 mi Public K-5 2-5 2
      The Academy Community Day School 2.7 mi Public 7-12 0 4
      Lighthouse Christian Academy 3.0 mi Private 2-12 0 0
      Pinacate Middle School 3.0 mi Public 7-8 1 2
      Real (manuel L.) Elementary 3.2 mi Public K-5 2 3
      Rivera (tomas) Middle School 3.2 mi Public 6-8 3 3
      May Ranch Elementary 3.2 mi Public K-5 3-5 4
      Railway Elementary 3.3 mi Public K-6 2-5 3
      Lakeside Middle School 3.3 mi Public 7-8 3 3
      Val Verde Student Success Academy 3.3 mi Public 6-10 0 0
      Val Verde High (cont) 3.3 mi Public 11-12 0 3
      Rob Reiner Children & Families Center 3.4 mi Public - 0 0
      California Ranch School 3.6 mi Private K-12 0 4
      Mead Valley Elementary 4.4 mi Public K-5 3-5 4
      Avalon Elementary 4.4 mi Public K-5 3 5
      Sierra Vista Elementary School 4.5 mi Public K-6 3 4
      Citrus Hill High School 5.6 mi Public 9-12 2-5 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Perris, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.