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Tuesday, November 5, 2024

November 2020: Indian Wells experienced a 81.7% increase in median home prices

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The median sale price of a home sold in November 2020 in Indian Wells rose by $449,500 while total sales increased by 142.1%, according to BlockShopper.com.

In November 2020, there were 46 homes sold, with a median sale price of $999,500 - a 81.7% increase over the $550,000 median sale price for the same period of the previous year. There were 19 homes sold in Indian Wells in November 2019.

The median sales tax in Indian Wells for the most recent year with available data, 2019, was $8,884, approximately 0.9% of the median home sale price for November 2020.

The following table compares Indian Wells to other Riverside County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Indian Wells4619142.1%$999,500$550,00081.7%
Yucaipa 14-75%$690,000$651,2506%
Homeland 24-50%$682,750$497,50037.2%
Norco312240.9%$680,000$561,50021.1%
Rancho Mirage885366%$622,500$575,0008.3%
Mountain Center 71600%$620,000$438,00041.6%
Corona24421016.2%$580,000$520,00011.5%
Mira Loma 11110%$580,000$488,00018.9%
Canyon Lake3618100%$572,000$555,0003.1%
Temecula19616022.5%$537,000$465,00015.5%
La Quinta15310053%$530,000$437,50021.1%

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