Calimesa Housing Market Report – May 2026
Here's a look at how the Calimesa, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 19
- Median Sale Price: $350,000
- Average Sale Price: $352,463
- Average Price Per Sq Ft: $259
- Average Days on Market: 93
- Sale-to-List Price Ratio: 94.8%
Month-Over-Month Trends
Compared to April, the median sale price in Calimesa moved 30.0% down (from $500,000 to $350,000). The number of homes sold was 46.2% up compared to the prior month (13 vs. 19). Average days on market shifted 14.7% down (109 days to 93 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 23.9% down (from $460,000 to $350,000). Sales volume is 46.2% up year-over-year.
What This Means
Calimesa's real estate market is showing mixed signals this May, with a dramatic price correction dominating the picture. The median sale price plummeted 30 percent month-over-month to $350,000, marking a concerning slide from the $460,000 median we saw a year ago. While the 94.8 percent sale-to-list ratio suggests buyers and sellers are finding common ground, the steep price decline indicates sellers are adjusting expectations to move inventory in what appears to be a cooling market.
The positive news is that homes are spending less time on the market, down nearly 15 percent to an average of 93 days. This quicker velocity, combined with increased transaction volume, hints that more realistic pricing is attracting serious buyers. The modest $259 per square foot valuation reflects Calimesa's positioning as an affordable pocket in Riverside County, particularly appealing to buyers priced out of more expensive markets.
The substantial inventory of 78 active listings, however, raises a caution flag. Many of these homes are sitting for extended periods before sale, suggesting the market still has excess supply relative to demand. For sellers, this reinforces that competitive pricing and fair expectations remain essential. For buyers, the current environment offers genuine negotiating leverage and more selection than we've seen in recent quarters.
Calimesa Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92320 | 19 | $350,000 | $259 | 93 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| MOBILE | 10 | $155,000 | $129 |
| SINGLE_FAMILY | 8 | $546,000 | $421 |
| LAND | 1 | $225,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 3 |
| $100K - $199K | 4 |
| $200K - $299K | 2 |
| $300K - $399K | 3 |
| $400K - $499K | 2 |
| $500K - $749K | 4 |
| $750K+ | 1 |
Current Active Listings
As of this report, there are 78 active listings in Calimesa with a median asking price of $211,749 and an average of 111 days on market.
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