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Wednesday, November 6, 2024

La Quinta home prices rise in July 2019

Re 9

The median sale price of a home sold in July 2019 in La Quinta rose by $21,000 while total sales decreased by 23.1%, according to BlockShopper.com.

In July 2019, there were 110 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 143 homes sold in La Quinta in July 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 July 2019.

The following table compares La Quinta to other Riverside County cities with similar median sales prices in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Temecula22217725.4%$475,000$465,0002.2%
Murrieta23219121.5%$439,500$425,0003.4%
Rubidoux 18180%$431,000$330,00030.6%
Palm Springs124160-22.5%$426,250$440,000-3.1%
Lakeview 21100%$425,000$499,545-14.9%
La Quinta110143-23.1%$421,000$400,0005.3%
Winchester 514415.9%$420,000$416,5000.8%
Wildomar453625%$420,000$410,0002.4%
Riverside3693418.2%$410,000$400,0002.5%
Romoland 42100%$409,000$352,54516%
Calimesa911-18.2%$405,500$350,00015.9%

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