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Golden State Today

Wednesday, November 6, 2024

Bermuda Dunes home prices rise in the first half of 2019

Realestate2

The median sale price of a home sold in the first half of 2019 in Bermuda Dunes rose by $40,500 while total sales decreased by 25.6%, according to BlockShopper.com.

From January through June of 2019, there were 67 homes sold, with a median sale price of $385,000 - a 11.8% increase over the $344,500 median sale price for the same period of the previous year. There were 90 homes sold in Bermuda Dunes in the first half of 2018.

The median sales tax in Bermuda Dunes for the most recent year with available data, 2016, was $3,292, approximately 0.9% of the median home sale price for the first half of 2019.

The following table compares Bermuda Dunes 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)
Colton 9650%$410,000$501,000-18.2%
Wildomar175184-4.9%$410,000$408,0000.5%
Romoland 1417-17.6%$410,000$376,0009%
Lakeview 28-75%$400,000$396,5000.9%
Nuevo 3041-26.8%$395,000$354,00011.6%
Bermuda Dunes 6790-25.6%$385,000$344,50011.8%
Calimesa837510.7%$382,500$345,00010.9%
Rubidoux 87110-20.9%$365,000$367,500-0.7%
Lake Elsinore409458-10.7%$365,000$360,0001.4%
Aguanga 13130%$360,000$380,000-5.3%
Palm Desert1,1831,265-6.5%$346,545$334,5003.6%

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