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How did home prices perform in Palm Desert during September 2020?

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The median sale price of a home sold in September 2020 in Palm Desert rose by $65,000 while total sales increased by 54.5%, according to BlockShopper.com.

In September 2020, there were 207 homes sold, with a median sale price of $420,000 - a 18.3% increase over the $355,000 median sale price for the same period of the previous year. There were 134 homes sold in Palm Desert in September 2019.

The median sales tax in Palm Desert for the most recent year with available data, 2019, was $3,935, approximately 0.9% of the median home sale price for September 2020.

The following table compares Palm Desert to other Riverside County cities with similar median sale prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Murrieta26319336.3%$475,000$433,0009.7%
Wildomar372642.3%$475,000$397,75019.4%
Riverside3293048.2%$465,500$420,00010.8%
Rubidoux 1216-25%$447,000$409,0009.3%
Romoland 35-40%$426,000$396,0007.6%
Palm Desert20713454.5%$420,000$355,00018.3%
Lake Elsinore7686-11.6%$405,500$385,0005.3%
Anza 5425%$397,000$250,00058.8%
Calimesa191090%$395,000$322,50022.5%
Menifee 19215821.5%$390,000$345,50012.9%
Lakeview 110%$387,500$299,00029.6%

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