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Thursday, November 7, 2024

January 2020: Blythe experienced a 33.9% drop in median home prices

Realestate5

The median sale price of a home sold in January 2020 in Blythe fell by $56,000 while total sales increased by 120%, according to BlockShopper.com.

In January 2020, there were 11 homes sold, with a median sale price of $109,000 - a 33.9% decrease over the $165,000 median sale price for the same period of the previous year. There were five homes sold in Blythe in January 2019.

The median sales tax in Blythe for the most recent year with available data, 2019, was $1,210, approximately 1.1% of the median home sale price for January 2020.

The following table compares Blythe to other Riverside County cities with similar median sale prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
San Jacinto4855-12.7%$308,000$304,5001.1%
Idyllwild-Pine Cove 2110110%$305,000$360,000-15.3%
Hemet1131084.6%$266,000$250,0006.4%
Cherry Valley 24-50%$251,000$253,500-1%
Banning2429-17.2%$250,000$235,0006.4%
Mountain Center 550%$235,000$625,000-62.4%
Desert Hot Springs53498.2%$234,000$220,0006.4%
Thousand Palms35-40%$225,000$201,00011.9%
Mecca 220%$175,000$161,5008.4%
Blythe115120%$109,000$165,000-33.9%
Cabazon 31200%$5,000$165,000-97%

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