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Thursday, November 7, 2024

La Quinta home prices fell in November 2019

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The median sale price of a home sold in November 2019 in La Quinta fell by $27,500 while total sales decreased by 4.8%, according to BlockShopper.com.

In November 2019, there were 100 homes sold, with a median sale price of $437,500 - a 5.9% decrease over the $465,000 median sale price for the same period of the previous year. There were 105 homes sold in La Quinta in November 2018.

The median sales tax in La Quinta for 2019 was $4,664. In 2018, the median sales tax was $4,572. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.

The following table compares La Quinta 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)
Palm Springs102113-9.7%$514,500$456,00012.8%
Homeland 40-$497,500$0-
Mira Loma 1113-15.4%$488,000$471,0003.6%
Temecula1601478.8%$465,000$450,0003.3%
Mountain Center 10-$438,000$0-
La Quinta100105-4.8%$437,500$465,000-5.9%
Riverside256274-6.6%$437,000$398,7509.6%
Murrieta1531474.1%$434,000$423,0002.6%
Romoland 21100%$433,500$375,00015.6%
Wildomar302142.9%$432,500$415,0004.2%
Winchester 484214.3%$404,500$450,000-10.1%

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