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Wednesday, December 25, 2024

What happened to the median home price in Sun City during 2021?

Realestate2

The median sale price of a home sold in 2021 in Sun City rose by $107,500 while total sales increased by 166.7%, according to BlockShopper.com.

From January through December of 2021, there were eight homes sold, with a median sale price of $402,500 - a 36.4% increase over the $295,000 median sale price for the previous year. There were three homes sold in Sun City in 2020.

The median sales tax in Sun City for the most recent year with available data, 2019, was $2,893, approximately 0.7% of the median home sale price for 2021.

The following table compares Sun City to other Riverside County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Cherry Valley 807014.3%$437,500$333,25031.3%
Indio1,2121,04915.5%$428,000$350,00022.3%
Cathedral City69157620%$425,000$365,00016.4%
Aguanga 342536%$420,000$399,0005.3%
Homeland 221822.2%$417,500$409,886.501.9%
Sun City 83166.7%$402,500$295,00036.4%
San Jacinto68055821.9%$395,000$320,00023.4%
Lakeview 770%$390,000$390,0000%
Lakeland Village756417.2%$375,000$322,00016.5%
Hemet1,8601,55719.5%$365,000$300,00021.7%
Thousand Palms3948-18.8%$337,000$257,50030.9%

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