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Golden State Today

Wednesday, November 6, 2024

Coachella home prices rise in May 2019

Realestate4

The median sale price of a home sold in May 2019 in Coachella rose by $13,000 while total sales decreased by 5.3%, according to BlockShopper.com.

In May 2019, there were 18 homes sold, with a median sale price of $253,000 - a 5.4% increase over the $240,000 median sale price for the same period of the previous year. There were 19 homes sold in Coachella in May 2018.

The median sales tax in Coachella for the most recent year with available data, 2016, was $3,148, approximately 1.2% of the median home sale price for May 2019.

The following table compares Coachella to other Riverside County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Lakeland Village813-38.5%$294,000$290,0001.4%
Thousand Palms7540%$274,000$290,000-5.5%
Hemet185202-8.4%$265,000$263,5000.6%
White Water 30-$261,500$0-
Cherry Valley 714-50%$257,000$294,250-12.7%
Coachella1819-5.3%$253,000$240,0005.4%
Banning3145-31.1%$250,000$249,0000.4%
Cabazon 26-66.7%$235,500$173,50035.7%
Thermal10-$235,000$0-
Desert Hot Springs5472-25%$216,500$212,5001.9%
Mecca 12-50%$180,000$131,50036.9%

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