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Friday, November 1, 2024

Mecca home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Mecca rose by $45,000 while total sales decreased by 57.1%, according to BlockShopper.com.

From October through December of 2018, there were three homes sold, with a median sale price of $160,000 - a 39.1% increase over the $115,000 median sale price for the same period of the previous year. There were seven homes sold in Mecca in the fourth quarter of 2017.

The median sales tax in Mecca for the most recent year with available data, 2016, was $1,684, approximately 1.1% of the median home sale price for the fourth quarter of 2018.

The following table compares Mecca to other Riverside County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Hemet422492-14.2%$269,250$253,0006.4%
Thousand Palms1116-31.3%$265,000$222,00019.4%
Coachella4349-12.2%$240,000$252,000-4.8%
Banning93894.5%$240,000$235,0002.1%
Desert Hot Springs169173-2.3%$215,000$205,0004.9%
Anza 610-40%$192,500$128,00050.4%
White Water 21100%$188,000$137,50036.7%
Thermal30-$175,000$0-
Mecca 37-57.1%$160,000$115,00039.1%
Cabazon 8714.3%$152,500$163,000-6.4%
Blythe3844-13.6%$133,750$150,000-10.8%

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