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Adobe Stock
From October through December of 2020, there were 320 homes sold, with a median sale price of $607,750 - a 1.6% decrease over the $617,500 median sale price for the same period of the previous year. There were 172 homes sold in Rancho Mirage in the fourth quarter of 2019.
The median sales tax in Rancho Mirage for the most recent year with available data, 2019, was $6,495, approximately 1.1% of the median home sale price for the fourth quarter of 2020.
The following table compares Rancho Mirage to other Riverside County cities with similar median sale prices in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Indian Wells | 154 | 60 | 156.7% | $887,500 | $610,000 | 45.5% |
| Yucaipa | 2 | 4 | -50% | $732,500 | $651,250 | 12.5% |
| Norco | 92 | 82 | 12.2% | $663,500 | $569,000 | 16.6% |
| Rancho Mirage | 320 | 172 | 86% | $607,750 | $617,500 | -1.6% |
| Corona | 757 | 679 | 11.5% | $589,000 | $525,000 | 12.2% |
| Mira Loma | 39 | 38 | 2.6% | $570,000 | $482,500 | 18.1% |
| Canyon Lake | 99 | 70 | 41.4% | $564,000 | $469,000 | 20.3% |
| La Quinta | 563 | 339 | 66.1% | $559,000 | $445,000 | 25.6% |
| Temecula | 611 | 476 | 28.4% | $545,000 | $470,000 | 16% |
| Thermal | 1 | 3 | -66.7% | $500,000 | $325,000 | 53.8% |
| Winchester | 152 | 145 | 4.8% | $500,000 | $408,000 | 22.5% |
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