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Saturday, November 23, 2024

Pricing for the median home in Thousand Palms increased during June 2021

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The median sale price of a home sold in June 2021 in Thousand Palms rose by $53,500 while total sales decreased by 40%, according to BlockShopper.com.

In June 2021, there were three homes sold, with a median sale price of $335,000 - a 19% increase over the $281,500 median sale price for the same period of the previous year. There were five homes sold in Thousand Palms in June 2020.

The median sales tax in Thousand Palms for the most recent year with available data, 2019, was $2,597, approximately 0.8% of the median home sale price for June 2021.

The following table compares Thousand Palms to other Riverside County cities with similar median sale prices in June 2021:

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
White Water 10-$409,000$0-
San Jacinto362828.6%$405,000$305,50032.6%
Hemet906636.4%$347,500$277,25025.3%
Coachella10825%$342,500$287,50019.1%
Sun City 110%$340,000$575,000-40.9%
Thousand Palms35-40%$335,000$281,50019%
Desert Hot Springs413132.3%$310,000$230,00034.8%
Cherry Valley 30-$304,000$0-
Banning187157.1%$285,000$320,000-10.9%
Mecca 110%$250,000$95,000163.2%
Blythe47-42.9%$206,500$126,00063.9%

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