Perris Market Report (SDMLS) - September 2025: Balanced Market Sees Benchmark Price Rise to $549,000

Perris Market Report (SDMLS computed) — September 2025

In September 2025, the Perris real estate market shows a balanced condition with a composite benchmark price of $549,000, reflecting a notable increase from $521,250 in August. Total sales rose to 87, up from 72 in the previous month, indicating a positive trend in buyer activity.

Market Analysis

The Perris market exhibits signs of stability as the composite benchmark price increases to $549,000, marking a significant uptick in value. With 87 total sales recorded this month, the market is responding positively to demand, despite the absence of new listings. This lack of new inventory suggests that buyers are actively engaging with existing properties, which may lead to further upward pressure on prices if the trend continues.

Property Type Analysis

In terms of property types, detached homes dominate the market with a benchmark price of $585,000 and 65 sales, indicating strong demand in this segment. Conversely, the attached/townhouse market shows a lower benchmark of $435,000 with only 7 sales, suggesting a more subdued interest compared to detached properties. The absence of apartment sales this month further emphasizes the preference for single-family homes among buyers.

Regional Highlights

Regionally, the Perris market reflects broader trends observed in Southern California, where inventory constraints are common. The balanced market condition suggests that while buyers are active, sellers may need to be strategic in pricing to attract interest, especially given the lack of new listings this month.

For Buyers

Prospective buyers are encouraged to act promptly in the current market, as the increase in sales indicates growing competition for available properties. With the benchmark price rising, buyers should consider their financing options and be prepared to make competitive offers to secure their desired homes.

For Sellers

Sellers should take advantage of the current balanced market by pricing their homes strategically to attract buyers. Given the recent increase in sales, presenting properties in optimal condition and being responsive to offers can enhance the chances of a successful sale.