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Thursday, November 7, 2024

What happened to the median home price in Bermuda Dunes during January 2020?

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The median sale price of a home sold in January 2020 in Bermuda Dunes rose by $41,750 while total sales decreased by 42.9%, according to BlockShopper.com.

In January 2020, there were eight homes sold, with a median sale price of $394,250 - a 11.8% increase over the $352,500 median sale price for the same period of the previous year. There were 14 homes sold in Bermuda Dunes in January 2019.

The median sales tax in Bermuda Dunes for the most recent year with available data, 2019, was $3,634, approximately 0.9% of the median home sale price for January 2020.

The following table compares Bermuda Dunes 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)
Murrieta13710037%$430,000$410,0004.9%
Riverside24520817.8%$417,000$398,2504.7%
Anza 25-60%$414,000$295,00040.3%
Winchester 4819152.6%$406,000$420,000-3.3%
Rubidoux 610-40%$400,000$349,00014.6%
Bermuda Dunes 814-42.9%$394,250$352,50011.8%
Lakeview 10-$390,000$0-
Calimesa13785.7%$380,000$355,0007%
Wildomar231553.3%$380,000$410,000-7.3%
Lake Elsinore5859-1.7%$376,750$340,00010.8%
Aguanga 41300%$370,750$389,000-4.7%

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