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Bermuda Dunes home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Bermuda Dunes rose by $2,500 while total sales increased by 56.5%, according to BlockShopper.com.

From July through September of 2020, there were 36 homes sold, with a median sale price of $397,500 - a 0.6% increase over the $395,000 median sale price for the same period of the previous year. There were 23 homes sold in Bermuda Dunes in the third quarter of 2019.

The median sales tax in Bermuda Dunes for the most recent year with available data, 2016, was $3,292, approximately 0.8% of the median home sale price for the third quarter of 2020.

The following table compares Bermuda Dunes to other Riverside County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Rubidoux 352825%$425,000$431,000-1.4%
Romoland 34-25%$420,000$409,0002.7%
Lake Elsinore20014637%$415,000$385,5007.7%
Lakeview 330%$410,000$360,00013.9%
Aguanga 510-50%$401,000$365,0009.9%
Bermuda Dunes 362356.5%$397,500$395,0000.6%
Menifee 42529345.1%$390,000$360,0008.3%
Palm Desert50431261.5%$385,000$355,0008.5%
Nuevo 178112.5%$380,000$367,5003.4%
Beaumont14811924.4%$376,750$342,00010.2%
Moreno Valley34230711.4%$375,000$340,00010.3%

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