In October 2020, there were 119 homes sold, with a median sale price of $600,000 - a 7.7% decrease over the $650,000 median sale price for the same period of the previous year. There were 55 homes sold in Rancho Mirage in October 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 October 2020.
The following table compares Rancho Mirage to other Riverside County cities with similar median sale prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Indian Wells | 46 | 19 | 142.1% | $789,500 | $810,000 | -2.5% |
| Norco | 28 | 35 | -20% | $709,500 | $577,000 | 23% |
| Rancho Mirage | 119 | 55 | 116.4% | $600,000 | $650,000 | -7.7% |
| Corona | 252 | 259 | -2.7% | $579,000 | $526,000 | 10.1% |
| Bermuda Dunes | 15 | 11 | 36.4% | $572,000 | $380,000 | 50.5% |
| Canyon Lake | 35 | 34 | 2.9% | $569,500 | $482,250 | 18.1% |
| La Quinta | 193 | 116 | 66.4% | $560,000 | $420,000 | 33.3% |
| Homeland | 2 | 3 | -33.3% | $555,000 | $498,000 | 11.4% |
| Mira Loma | 12 | 13 | -7.7% | $555,000 | $459,000 | 20.9% |
| Temecula | 220 | 177 | 24.3% | $539,500 | $470,000 | 14.8% |
| Winchester | 48 | 59 | -18.6% | $522,500 | $395,000 | 32.3% |
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