Perris Market Report (SDMLS) - November 2025: Balanced Market with Stable Prices

Perris Market Report (SDMLS computed) — November 2025

In November 2025, the Perris real estate market shows a composite benchmark price of $578,990, unchanged from the previous month. Total sales decreased to 55 from 80 in October, indicating a notable decline in activity amid a balanced market condition.

Market Analysis

The Perris real estate market remains balanced, with the composite benchmark price holding steady at $578,990. This stability comes despite a significant drop in total sales, which fell by 31.25% from 80 in October to 55 in November. The lack of new listings this month suggests a constrained supply, which typically supports price stability, yet the absence of active listings and months of inventory data limits a comprehensive understanding of the supply-demand dynamics at play.

Property Type Analysis

In terms of property types, detached homes continue to dominate the market with a benchmark price of $595,685 and 41 sales recorded. Attached and townhouse properties have seen significantly lower activity, with only 2 sales at a benchmark price of $594,000, indicating a potential preference for detached homes among buyers in the current market.

Regional Highlights

While specific regional trends are not detailed this month, the overall stability in pricing and the balanced market condition suggest that Perris is maintaining its appeal among buyers. The lack of new listings could indicate a cautious approach from sellers, potentially reflecting broader economic sentiments or market uncertainties.

For Buyers

For prospective buyers, the current market conditions present an opportunity to negotiate, especially given the decline in sales. Buyers should remain vigilant and ready to act quickly when suitable properties become available, as the lack of new listings may lead to increased competition for desirable homes.

For Sellers

Sellers are advised to consider the current market dynamics carefully. With no new listings this month, it may be beneficial to prepare properties for sale to capitalize on the stable pricing environment. Ensuring homes are market-ready could attract buyers in a market that is currently balanced but may shift with increased inventory.