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Wednesday, November 6, 2024

Bermuda Dunes home prices rise in May 2019

Realestate5

The median sale price of a home sold in May 2019 in Bermuda Dunes rose by $41,000 while total sales decreased by 42.1%, according to BlockShopper.com.

In May 2019, there were 11 homes sold, with a median sale price of $360,000 - a 12.9% increase over the $319,000 median sale price for the same period of the previous year. There were 19 homes sold in Bermuda Dunes in May 2018.

The median sales tax in Bermuda Dunes for the most recent year with available data, 2016, was $3,292, approximately 0.9% of the median home sale price for May 2019.

The following table compares Bermuda Dunes 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)
Palm Springs172176-2.3%$418,500$414,0001.1%
Riverside38932021.6%$415,000$410,0001.2%
Wildomar35350%$410,000$420,000-2.4%
Lakeview 23-33.3%$400,000$422,000-5.2%
Lake Elsinore7886-9.3%$361,250$370,000-2.4%
Bermuda Dunes 1119-42.1%$360,000$319,00012.9%
Rubidoux 26260%$355,000$349,0001.7%
Mountain Center 4333.3%$348,000$310,00012.3%
Aguanga 41300%$345,000$420,000-17.9%
Menifee 21115734.4%$345,000$335,0003%
Palm Desert2482460.8%$340,750$326,0004.5%

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