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Friday, November 1, 2024

Bermuda Dunes home prices rise in 2018

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The median sale price of a home sold in 2018 in Bermuda Dunes rose by $14,500 while total sales decreased by 1.8%, according to BlockShopper.com.

From January through December of 2018, there were 166 homes sold, with a median sale price of $354,500 - a 4.3% increase over the $340,000 median sale price for the previous year. There were 169 homes sold in Bermuda Dunes in 2017.

The median sales tax in Bermuda Dunes for the most recent year with available data, 2016, was $3,292, approximately 0.9% of the median home sale price for 2018.

The following table compares Bermuda Dunes to other Riverside County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Romoland 392277.3%$376,000$365,5002.9%
Nuevo 6581-19.8%$370,000$320,00015.6%
Lake Elsinore8711,043-16.5%$370,000$345,0007.2%
Aguanga 2738-28.9%$370,000$305,00021.3%
Rubidoux 2142054.4%$365,000$345,0005.8%
Bermuda Dunes 166169-1.8%$354,500$340,0004.3%
Calimesa130152-14.5%$354,250$367,250-3.5%
Menifee 1,6941,921-11.8%$340,000$323,0005.3%
Mountain Center 40392.6%$335,500$330,0001.7%
Palm Desert2,1632,246-3.7%$335,000$309,0008.4%
Homeland 2228-21.4%$330,000$286,50015.2%

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