In March 2019, there were five homes sold, with a median sale price of $330,000. There were 10 homes sold in Nuevo in March 2018, and the median sales price for the period was also $330,000.
The median sales tax in Nuevo for the most recent year with available data, 2016, was $2,599, approximately 0.8% of the median home sale price for March 2019.
The following table compares Nuevo to other Riverside County cities with similar median sales prices in March 2019:
| City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Idyllwild-Pine Cove | 8 | 12 | -33.3% | $370,000 | $286,000 | 29.4% |
| Lake Elsinore | 55 | 75 | -26.7% | $356,000 | $364,500 | -2.3% |
| Palm Desert | 212 | 246 | -13.8% | $353,750 | $325,000 | 8.8% |
| Cathedral City | 59 | 69 | -14.5% | $349,000 | $292,000 | 19.5% |
| Menifee | 134 | 152 | -11.8% | $347,250 | $336,500 | 3.2% |
| Nuevo | 5 | 10 | -50% | $330,000 | $330,000 | 0% |
| Beaumont | 35 | 65 | -46.2% | $330,000 | $315,000 | 4.8% |
| Moreno Valley | 151 | 202 | -25.2% | $325,000 | $317,500 | 2.4% |
| Indio | 116 | 131 | -11.5% | $317,500 | $300,000 | 5.8% |
| Perris | 78 | 90 | -13.3% | $316,500 | $291,000 | 8.8% |
| White Water | 1 | 0 | - | $305,000 | $0 | - |
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