Condos & Condominiums Market Report — Hemet, CA
Median price $221,000 with a cold market, 26 closed sales, and 2.2 months of supply.
Instant Hemet comparable sales — No login. No app. Text the address, get your home value.
Prefer typing? Use the web tool →Certified Residential Appraiser Lic #041145 | CA AMC Lic #3006906
Market Summary
What's Your Condos & Condominiums Worth in Hemet?
Based on 26 recent closed sales, a typical condos & condominiums in Hemet falls in this range:
$176,800 – $265,200
Actual value depends on size, condition, location, and lot. Text your address for a precise estimate.
Text (909) 566-2866 for Your Value →Supply & Demand
Activity
Active listings: 36
Pending: 13
Closed / month: 2.2
Market balance: Buyer Strong
Recommendation
Use recent condos & condominiums sales to price for a cold market in Hemet.
Review pending count and active supply before making price or offer timing decisions in this cold segment.
Inventory
Monthly Trend Chart
📉 Falling trend · 2.2 sales/month average
Recent Sales
618 Santa Fe
Close Price: $221,000
Close Date: 2026-05-19
Beds / Baths: 2 / 2
Sq Ft: 1,047
$/sf: $211
618 Santa Fe
Close Price: $221,000
Close Date: 2026-05-19
Beds / Baths: 2 / 2
Sq Ft: 1,047
$/sf: $211
611 S. Palm Ave. #F
Close Price: $152,000
Close Date: 2026-04-28
Beds / Baths: 2 / 2
Sq Ft: 1,254
$/sf: $121
611 S. Palm Ave. #F
Close Price: $152,000
Close Date: 2026-04-28
Beds / Baths: 2 / 2
Sq Ft: 1,254
$/sf: $121
611 S. Palm Ave. #F
Close Price: $152,000
Close Date: 2026-04-28
Beds / Baths: 2 / 2
Sq Ft: 1,254
$/sf: $121
What to Know About Condos & Condominiums in Hemet
Condominiums in Hemet serve a distinct slice of the Inland Empire market where buyers balance payment sensitivity with convenience, amenities, and lower maintenance ownership. The clearest pricing differences usually come from HOA quality, project reputation, parking, and whether a unit feels competitive with nearby entry-level detached options.
For Condo Buyers & Investors in Hemet
Condo valuations in Hemet depend heavily on HOA financials, special assessment history, and comparable sales within the same complex. Lenders scrutinize condo project approval status, warrantability, and owner-occupancy ratios.
Thomas Appraisal has deep experience with condo valuations across Southern California. Whether you are buying, selling, or refinancing, get a certified appraisal that reflects true market value — not just the last sale in the building.
Condos & Condominiums FAQ
Your Appraiser: Lionel Newman Thomas
Certified Residential Appraiser Lic #041145 | CA AMC Lic #3006906
Certified Residential Real Estate Appraiser with 17 years of experience serving the Inland Empire and greater Southern California. Lionel provides accurate, defensible valuations backed by CRMLS data and deep local market knowledge.
Other Hemet Property Reports
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No login. No app. Text the address, get your home value.
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