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Tuesday, November 5, 2024

Idyllwild-Pine Cove home prices fall in August 2019

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The median sale price of a home sold in August 2019 in Idyllwild-Pine Cove fell by $49,000 while total sales decreased by 78.3%, according to BlockShopper.com.

In August 2019, there were five homes sold, with a median sale price of $256,000 - a 16.1% decrease over the $305,000 median sale price for the same period of the previous year. There were 23 homes sold in Idyllwild-Pine Cove in August 2018.

The median sales tax in Idyllwild-Pine Cove for the most recent year with available data, 2016, was $2,282, approximately 0.9% of the median home sale price for August 2019.

The following table compares Idyllwild-Pine Cove to other Riverside County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Indio66114-42.1%$319,500$316,5000.9%
Cherry Valley 37-57.1%$300,000$270,00011.1%
San Jacinto4675-38.7%$299,000$294,5001.5%
Coachella1018-44.4%$288,500$246,00017.3%
Hemet97178-45.5%$270,000$268,5000.6%
Idyllwild-Pine Cove 523-78.3%$256,000$305,000-16.1%
Lakeland Village38-62.5%$250,000$319,500-21.8%
Banning2629-10.3%$248,000$240,0003.3%
Sun City 10-$234,000$0-
Desert Hot Springs3873-47.9%$225,000$220,0002.3%
Cabazon 23-33.3%$168,000$157,0007%

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