Perris Market Report (SDMLS): October 2025 Shows Balanced Market with Stable Prices

Perris Market Report (SDMLS computed) — October 2025

In October 2025, the Perris real estate market maintains a balanced condition with a composite benchmark price of $580,012. Total sales for the month reached 80, a decrease from 87 in September 2025, while new listings remain at zero.

Market Analysis

The Perris market exhibits stability as the composite benchmark price holds steady at $580,012, unchanged from the previous month. With total sales declining slightly from 87 in September to 80 in October, the lack of new listings has contributed to a balanced market condition, indicating that demand is being met without significant fluctuations in pricing. The absence of active listings suggests that sellers may be hesitant to enter the market, potentially limiting options for buyers.

Property Type Analysis

In terms of property types, detached homes dominate the market with a benchmark price of $592,885 and 61 sales recorded. Attached homes and townhouses have a benchmark price of $600,000 but only saw one sale this month, indicating a significant disparity in activity between these property types. The apartment segment remains inactive with no sales reported, highlighting a potential area for growth if demand increases.

Regional Highlights

Regionally, the Perris market reflects broader trends seen across Southern California, where inventory shortages and stable pricing are common. The consistent benchmark prices suggest that while buyer demand remains, the lack of new listings may be a critical factor influencing market dynamics moving forward.

For Buyers

Buyers are encouraged to remain patient in the current market, as the lack of new listings may limit options. It is advisable to stay informed about upcoming listings and be prepared to act quickly when opportunities arise, particularly in the detached home segment, which continues to see the most activity.

For Sellers

Sellers should consider the current market conditions as an opportunity to list their properties, especially given the balanced market and stable pricing. With no new listings reported this month, sellers may find favorable conditions to attract buyers, provided they price their homes competitively.