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Saturday, November 2, 2024

September 2020: Home prices in La Quinta increased

Realestate2

The median sale price of a home sold in September 2020 in La Quinta rose by $96,000 while total sales increased by 59.1%, according to BlockShopper.com.

In September 2020, there were 183 homes sold, with a median sale price of $520,000 - a 22.6% increase over the $424,000 median sale price for the same period of the previous year. There were 115 homes sold in La Quinta in September 2019.

The median sales tax in La Quinta for the most recent year with available data, 2019, was $4,664, approximately 0.9% of the median home sale price for September 2020.

The following table compares La Quinta 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)
Corona27524412.7%$583,000$522,50011.6%
Canyon Lake403321.2%$570,000$515,00010.7%
Homeland 20-$550,000$0-
Mira Loma 14140%$532,500$485,0009.8%
Temecula21116230.2%$525,000$480,0009.4%
La Quinta18311559.1%$520,000$424,00022.6%
Palm Springs19311272.3%$520,000$443,00017.4%
Colton 21100%$494,500$405,00022.1%
Winchester 623863.2%$482,250$405,50018.9%
Murrieta26319336.3%$475,000$433,0009.7%
Wildomar372642.3%$475,000$397,75019.4%

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