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Saturday, November 2, 2024

Pricing for the median home in Coachella decreased during September 2019

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The median sale price of a home sold in September 2019 in Coachella fell by $21,000 while total sales increased by 23.1%, according to BlockShopper.com.

In September 2019, there were 16 homes sold, with a median sale price of $266,000 - a 7.3% decrease over the $287,000 median sale price for the same period of the previous year. There were 13 homes sold in Coachella in September 2018.

The median sales tax in Coachella for 2019 was $4,010. In 2018, the median sales tax was $3,894. This marks an increase of 3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

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

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Indio99100-1%$300,000$330,500-9.2%
Lakeview 10-$299,000$0-
Hemet1471470%$285,000$250,00014%
Idyllwild-Pine Cove 191090%$285,000$277,5002.7%
Thousand Palms52150%$284,000$312,500-9.1%
Coachella161323.1%$266,000$287,000-7.3%
White Water 21100%$255,000$185,00037.8%
Anza 41300%$250,000$55,000354.5%
Lakeland Village125140%$247,500$350,000-29.3%
Banning2832-12.5%$234,500$208,75012.3%
Desert Hot Springs565012%$213,500$210,5001.4%

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