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Golden State Today

Wednesday, November 6, 2024

Coachella home prices rise in the first half of 2019

Realestate1

The median sale price of a home sold in the first half of 2019 in Coachella rose by $10,000 while total sales decreased by 16.8%, according to BlockShopper.com.

From January through June of 2019, there were 104 homes sold, with a median sale price of $250,000 - a 4.2% increase over the $240,000 median sale price for the same period of the previous year. There were 125 homes sold in Coachella in the first half of 2018.

The median sales tax in Coachella for the most recent year with available data, 2016, was $3,148, approximately 1.3% of the median home sale price for the first half of 2019.

The following table compares Coachella to other Riverside County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Anza 271668.8%$279,000$230,25021.2%
Sun City 35-40%$270,000$390,000-30.8%
Hemet918959-4.3%$265,000$260,0001.9%
Thousand Palms2239-43.6%$265,000$228,00016.2%
White Water 10911.1%$253,250$212,00019.5%
Coachella104125-16.8%$250,000$240,0004.2%
Banning171201-14.9%$245,000$239,0002.5%
Desert Hot Springs350412-15%$218,500$209,0004.5%
Cabazon 1417-17.6%$202,500$145,00039.7%
Mecca 770%$168,000$103,00063.1%
Blythe6191-33%$139,000$142,000-2.1%

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