In March 2019, there were 212 homes sold, with a median sale price of $353,750 - a 8.8% increase over the $325,000 median sale price for the same period of the previous year. There were 246 homes sold in Palm Desert in March 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 March 2019.
The following table compares Palm Desert 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) |
---|---|---|---|---|---|---|
Bermuda Dunes | 11 | 18 | -38.9% | $389,000 | $364,500 | 6.7% |
Calimesa | 19 | 13 | 46.2% | $385,000 | $372,000 | 3.5% |
Rubidoux | 10 | 21 | -52.4% | $383,500 | $371,000 | 3.4% |
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% |