In July 2017, there were 15 homes sold, with a median sale price of $230,000 - a 5% increase over the $219,000 median sale price for the same period of the previous year. There were 25 homes sold in Coachella in July 2016.
The median sales tax in Coachella for the most recent year with available data, 2016, was $3,148, approximately 1.4% of the median home sale price for July 2017.
The following table compares Coachella to other Riverside County cities with similar median sales prices in July 2017:
City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Indio | 122 | 107 | 14% | $272,500 | $295,000 | -7.6% |
Cathedral City | 85 | 50 | 70% | $267,000 | $292,250 | -8.6% |
Lakeland Village | 5 | 9 | -44.4% | $266,000 | $265,000 | 0.4% |
Hemet | 172 | 167 | 3% | $248,250 | $229,000 | 8.4% |
San Jacinto | 64 | 67 | -4.5% | $243,000 | $240,000 | 1.3% |
Coachella | 15 | 25 | -40% | $230,000 | $219,000 | 5% |
Banning | 33 | 45 | -26.7% | $230,000 | $220,000 | 4.5% |
Homeland | 2 | 2 | 0% | $211,000 | $145,250 | 45.3% |
Thousand Palms | 3 | 4 | -25% | $206,000 | $152,250 | 35.3% |
White Water | 2 | 0 | - | $191,000 | $0 | - |
Desert Hot Springs | 52 | 61 | -14.8% | $186,000 | $169,500 | 9.7% |