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Wednesday, November 27, 2024

How did home prices perform in Indio during November 2019?

Realestate5

The median sale price of a home sold in November 2019 in Indio rose by $24,000 while total sales decreased by 19.2%, according to BlockShopper.com.

In November 2019, there were 80 homes sold, with a median sale price of $348,000 - a 7.4% increase over the $324,000 median sale price for the same period of the previous year. There were 99 homes sold in Indio in November 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 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)
Winchester 484214.3%$404,500$450,000-10.1%
Calimesa1213-7.7%$386,591$425,000-9%
Lake Elsinore715431.5%$365,000$351,7503.8%
Rubidoux 1416-12.5%$361,250$360,0000.3%
Menifee 14713310.5%$350,000$340,0002.9%
Indio8099-19.2%$348,000$324,0007.4%
Palm Desert136137-0.7%$345,000$368,000-6.3%
Cathedral City4452-15.4%$342,500$297,50015.1%
Moreno Valley155162-4.3%$339,000$328,5003.2%
Beaumont3243-25.6%$337,000$340,000-0.9%
Bermuda Dunes 1013-23.1%$332,500$355,000-6.3%

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