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Wednesday, November 6, 2024

Thousand Palms home prices fall in April 2019

Realestate077

The median sale price of a home sold in April 2019 in Thousand Palms fell by $5,250 while total sales decreased by 33.3%, according to BlockShopper.com.

In April 2019, there were four homes sold, with a median sale price of $230,500 - a 2.2% decrease over the $235,750 median sale price for the same period of the previous year. There were six homes sold in Thousand Palms in April 2018.

The median sales tax in Thousand Palms for the most recent year with available data, 2016, was $2,465, approximately 1.1% of the median home sale price for April 2019.

The following table compares Thousand Palms to other Riverside County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Lakeland Village9650%$299,000$332,500-10.1%
San Jacinto796816.2%$290,000$280,0003.6%
Idyllwild-Pine Cove 1019-47.4%$283,500$305,000-7%
Hemet17215014.7%$260,000$261,500-0.6%
Banning2740-32.5%$235,500$240,000-1.9%
Thousand Palms46-33.3%$230,500$235,750-2.2%
Desert Hot Springs6488-27.3%$211,000$208,5001.2%
Coachella1925-24%$200,000$240,000-16.7%
Mecca 21100%$181,500$90,000101.7%
Cabazon 23-33.3%$143,000$95,00050.5%
Blythe1321-38.1%$120,000$163,000-26.4%

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