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Wednesday, November 6, 2024

Indio home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Indio fell by $1,250 while total sales decreased by 8%, according to BlockShopper.com.

From April through June of 2019, there were 358 homes sold, with a median sale price of $313,750 - a 0.4% decrease over the $315,000 median sale price for the same period of the previous year. There were 389 homes sold in Indio in the second quarter of 2018.

The median sales tax in Indio for the most recent year with available data, 2016, was $3,862, approximately 1.2% of the median home sale price for the second quarter of 2019.

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

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Beaumont1961903.2%$339,250$325,0004.4%
Aguanga 9580%$330,000$350,000-5.7%
Perris220248-11.3%$330,000$306,5007.7%
Cathedral City203209-2.9%$325,000$300,0008.3%
Idyllwild-Pine Cove 4059-32.2%$323,500$315,0002.7%
Indio358389-8%$313,750$315,000-0.4%
Anza 151136.4%$310,000$250,00024%
Cherry Valley 2128-25%$300,000$301,250-0.4%
San Jacinto2282175.1%$297,500$280,0006.3%
Lakeland Village2223-4.3%$297,000$290,0002.4%
Homeland 610-40%$278,500$327,500-15%

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