Perris Housing Market Report – March 2026
Here's a look at how the Perris, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 62
- Median Sale Price: $577,137
- Average Sale Price: $585,370
- Average Price Per Sq Ft: $294
- Average Days on Market: 101
- Sale-to-List Price Ratio: 98.5%
Month-Over-Month Trends
Compared to February, the median sale price in Perris moved 0.2% down (from $578,035 to $577,137). The number of homes sold was 24.0% up compared to the prior month (50 vs. 62). Average days on market shifted 3.1% up (98 days to 101 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 0.1% up (from $576,847 to $577,137). Sales volume is 37.4% down year-over-year.
What This Means
Perris is showing mixed signals this March as the market finds its footing heading into spring. Sales volume jumped 24 percent month-over-month to 62 homes, suggesting buyers are starting to come off the sidelines—a typical seasonal uptick. However, year-over-year comparisons tell a different story, with sales down 37 percent from March 2025, indicating we're still dealing with a slower overall market compared to last year. The median price holding virtually flat both monthly and annually suggests prices have stabilized rather than climbing, which isn't surprising given the region's continued inventory challenges and broader economic headwinds.
What's worth watching is the DOM creeping up to 101 days—three days longer than last month and noticeably higher than the active inventory's 122-day average. This hints that sellers are taking longer to find buyers, even as the sale-to-list ratio of 98.5 percent shows deals are still happening close to asking price. The gap between active listings (332) and monthly sales volume points to a still-buyer-friendly market by historical standards, but it's not translating into bidding wars.
For Perris specifically, this looks like stabilization mode rather than momentum. If you're selling, patience may be needed; if you're buying, conditions remain relatively favorable with negotiating room available.
Perris Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92570 | 32 | $577,137 | $308 | 101 |
| 92571 | 30 | $565,493 | $280 | 101 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 51 | $605,000 | $299 |
| MOBILE | 10 | $360,000 | $271 |
| LAND | 1 | $135,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 3 |
| $200K - $299K | 3 |
| $300K - $399K | 3 |
| $400K - $499K | 7 |
| $500K - $749K | 37 |
| $750K+ | 9 |
Current Active Listings
As of this report, there are 332 active listings in Perris with a median asking price of $552,790 and an average of 122 days on market.
Thinking About Selling Your Perris Home?
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