In December 2018, there were 50 homes sold, with a median sale price of $475,000 - a 11.2% decrease over the $535,000 median sale price for the same period of the previous year. There were 65 homes sold in Rancho Mirage in December 2017.
The median sales tax in Rancho Mirage for the most recent year with available data, 2016, was $5,817, approximately 1.2% of the median home sale price for December 2018.
The following table compares Rancho Mirage to other Riverside County cities with similar median sales prices in December 2018:
| City | Dec. 2018 Home Sales | Dec. 2017 Home Sales | % change (Total Home Sales) | Dec. 2018 Median Sales Price | Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Indian Wells | 24 | 29 | -17.2% | $575,000 | $680,000 | -15.4% |
| Norco | 21 | 24 | -12.5% | $573,000 | $585,000 | -2.1% |
| Mira Loma | 9 | 10 | -10% | $555,000 | $469,500 | 18.2% |
| Corona | 171 | 201 | -14.9% | $490,000 | $500,000 | -2% |
| Rancho Mirage | 50 | 65 | -23.1% | $475,000 | $535,000 | -11.2% |
| Canyon Lake | 19 | 18 | 5.6% | $460,000 | $535,500 | -14.1% |
| Temecula | 111 | 158 | -29.7% | $445,000 | $453,500 | -1.9% |
| Winchester | 26 | 51 | -49% | $422,500 | $434,000 | -2.6% |
| Palm Springs | 108 | 144 | -25% | $420,000 | $391,000 | 7.4% |
| Mountain Center | 2 | 3 | -33.3% | $412,500 | $500,000 | -17.5% |
| Murrieta | 134 | 168 | -20.2% | $404,000 | $407,000 | -0.7% |
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