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Wednesday, November 27, 2024

What happened to the median home price in Cabazon during November 2019?

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The median sale price of a home sold in November 2019 in Cabazon rose by $47,000 while total sales decreased by 40%, according to BlockShopper.com.

In November 2019, there were three homes sold, with a median sale price of $197,000 - a 31.3% increase over the $150,000 median sale price for the same period of the previous year. There were five homes sold in Cabazon in November 2018.

The median sales tax in Cabazon for 2019 was $1,383. In 2018, the median sales tax was $1,320. This marks an increase of 4.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.

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

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Anza 51400%$299,500$295,0001.5%
Cherry Valley 440%$285,000$249,50014.2%
Coachella17988.9%$283,000$247,00014.6%
Hemet1451348.2%$278,000$265,0004.9%
Banning2732-15.6%$269,000$240,00012.1%
Desert Hot Springs645223.1%$229,500$210,0009.3%
Cabazon 35-40%$197,000$150,00031.3%
Thousand Palms220%$161,250$268,500-39.9%
Blythe111010%$158,000$114,50038%
Aguanga 51400%$110,000$413,000-73.4%
Mecca 110%$62,500$130,000-51.9%

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