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Golden State Today

Tuesday, November 5, 2024

La Quinta home prices rise in the third quarter of 2019

Realestate5

The median sale price of a home sold in the third quarter of 2019 in La Quinta rose by $21,000 while total sales decreased by 43.2%, according to BlockShopper.com.

From July through September of 2019, there were 188 homes sold, with a median sale price of $421,000 - a 5.3% increase over the $400,000 median sale price for the same period of the previous year. There were 331 homes sold in La Quinta in the third quarter of 2018.

The median sales tax in La Quinta for the most recent year with available data, 2016, was $4,856, approximately 1.2% of the median home sale price for the third quarter of 2019.

The following table compares La Quinta to other Riverside County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Temecula340518-34.4%$479,500$470,0002%
Canyon Lake5077-35.1%$475,000$422,45412.4%
Murrieta343555-38.2%$435,000$420,0003.6%
Rubidoux 2854-48.1%$431,000$330,00030.6%
Winchester 82153-46.4%$424,000$435,000-2.5%
La Quinta188331-43.2%$421,000$400,0005.3%
Mountain Center 911-18.2%$420,000$398,0005.5%
Wildomar6598-33.7%$420,000$411,0002.2%
Palm Springs213400-46.8%$419,000$439,000-4.6%
Riverside542943-42.5%$410,000$405,0001.2%
Romoland 440%$409,000$341,50019.8%

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