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Wednesday, November 6, 2024

Palm Desert home prices rise in June 2019

Realestate1

The median sale price of a home sold in June 2019 in Palm Desert rose by $29,000 while total sales increased by 7.9%, according to BlockShopper.com.

In June 2019, there were 206 homes sold, with a median sale price of $359,000 - a 8.8% increase over the $330,000 median sale price for the same period of the previous year. There were 191 homes sold in Palm Desert in June 2018.

The median sales tax in Palm Desert for the most recent year with available data, 2016, was $3,852, approximately 1.1% of the median home sale price for June 2019.

The following table compares Palm Desert to other Riverside County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Calimesa1016-37.5%$392,500$358,0009.6%
Aguanga 34-25%$392,000$222,50076.2%
Rubidoux 1422-36.4%$382,500$377,0001.5%
Lake Elsinore90900%$382,000$351,0008.8%
Anza 6450%$364,000$246,50047.7%
Palm Desert2061917.9%$359,000$330,0008.8%
Nuevo 770%$355,000$335,0006%
Beaumont6977-10.4%$350,000$320,0009.4%
Mountain Center 45-20%$347,750$295,00017.9%
Moreno Valley172216-20.4%$345,000$325,0006.2%
Menifee 146162-9.9%$345,000$330,0004.5%

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