From October through December of 2018, there were 294 homes sold, with a median sale price of $320,000 - a 6.7% increase over the $300,000 median sale price for the same period of the previous year. There were 315 homes sold in Indio in the fourth quarter of 2017.
The median sales tax in Indio for the most recent year with available data, 2016, was $3,862, approximately 1.2% of the median home sale price for the fourth quarter of 2018.
The following table compares Indio to other Riverside County cities with similar median sales prices in the fourth quarter of 2018:
City | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Palm Desert | 415 | 509 | -18.5% | $345,000 | $315,000 | 9.5% |
Beaumont | 133 | 184 | -27.7% | $340,000 | $315,000 | 7.9% |
Menifee | 392 | 422 | -7.1% | $338,250 | $325,000 | 4.1% |
Moreno Valley | 459 | 606 | -24.3% | $329,500 | $312,000 | 5.6% |
Perris | 220 | 228 | -3.5% | $320,500 | $295,000 | 8.6% |
Indio | 294 | 315 | -6.7% | $320,000 | $300,000 | 6.7% |
Idyllwild-Pine Cove | 43 | 56 | -23.2% | $312,500 | $301,500 | 3.6% |
Cathedral City | 159 | 188 | -15.4% | $307,000 | $293,750 | 4.5% |
Lakeland Village | 20 | 25 | -20% | $303,000 | $245,000 | 23.7% |
Aguanga | 7 | 11 | -36.4% | $300,000 | $355,000 | -15.5% |
San Jacinto | 187 | 188 | -0.5% | $290,000 | $267,500 | 8.4% |