Perris Housing Market Report – July 2026
Here's a look at how the Perris, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 82
- Median Sale Price: $525,500
- Average Sale Price: $557,740
- Average Price Per Sq Ft: $383
- Average Days on Market: 107
- Sale-to-List Price Ratio: 96.6%
Month-Over-Month Trends
Compared to June, the median sale price in Perris moved 6.2% down (from $560,000 to $525,500). The number of homes sold was 5.1% up compared to the prior month (78 vs. 82). Average days on market shifted 15.1% up (93 days to 107 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 3.6% down (from $545,000 to $525,500). Sales volume is 18.8% up year-over-year.
What This Means
Perris is showing signs of a cooling market as we move deeper into summer. The median price dipped 6.2% month-over-month to $525,500, suggesting some softening in buyer demand or increased negotiating power for purchasers. More telling is the jump in average days on market from 93 to 107 days—homes are sitting longer before finding buyers. That's a notable shift that typically indicates less competitive conditions than earlier in the year. The sale-to-list ratio of 96.6% confirms this: sellers aren't commanding top dollar anymore, which is a departure from the tight markets many California regions have experienced.
Despite the price pullback, sales volume did tick up slightly, and year-over-year comparisons show 18.8% more homes selling than July 2025. This suggests baseline demand remains reasonably healthy in Perris, but it's more of a normalized market now rather than a hot one. The active inventory of 456 listings provides good selection, though those properties are also taking longer to sell on average. For buyers, this environment offers more leverage and negotiating room. For sellers, pricing competitively and being realistic about timelines has become increasingly important. The market feels like it's settling into a steadier, less frantic pace.
Perris Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92570 | 42 | $509,500 | $476 | 141 |
| 92571 | 40 | $528,000 | $300 | 71 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 51 | $555,000 | $420 |
| MOBILE | 17 | $376,778 | $270 |
| LAND | 13 | $280,000 | N/A |
| MULTI_FAMILY | 1 | $760,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 6 |
| $200K - $299K | 8 |
| $300K - $399K | 5 |
| $400K - $499K | 10 |
| $500K - $749K | 43 |
| $750K+ | 10 |
Current Active Listings
As of this report, there are 456 active listings in Perris with a median asking price of $550,000 and an average of 117 days on market.
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