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Tuesday, November 5, 2024

What happened to the median home price in Indio during December 2019?

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The median sale price of a home sold in December 2019 in Indio rose by $16,250 while total sales decreased by 11.2%, according to BlockShopper.com.

In December 2019, there were 87 homes sold, with a median sale price of $339,000 - a 5% increase over the $322,750 median sale price for the same period of the previous year. There were 98 homes sold in Indio in December 2018.

The median sales tax in Indio for 2019 was $3,478. In 2018, the median sales tax was $3,322. This marks an increase of 4.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

The following table compares Indio to other Riverside County cities with similar median sale prices in December 2019:

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Perris7880-2.5%$349,500$330,0005.9%
Idyllwild-Pine Cove 1415-6.7%$342,000$319,0007.2%
Anza 25-60%$340,000$90,000277.8%
Cathedral City574623.9%$340,000$321,5005.8%
Palm Desert17612936.4%$339,500$325,0004.5%
Indio8798-11.2%$339,000$322,7505%
Thermal330%$325,000$175,00085.7%
Aguanga 31200%$315,000$30,000950%
San Jacinto63613.3%$305,000$289,0005.5%
Thousand Palms34-25%$298,000$256,00016.4%
Cherry Valley 440%$281,500$265,0006.2%

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