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Friday, November 1, 2024

Median home prices in Palm Desert rose to $449,000 in June 2021

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The median sale price of a home sold in June 2021 in Palm Desert rose by $26,500 while total sales increased by 182.8%, according to BlockShopper.com.

In June 2021, there were 164 homes sold, with a median sale price of $449,000 - a 6.3% increase over the $422,500 median sale price for the same period of the previous year. There were 58 homes sold in Palm Desert in June 2020.

The median sales tax in Palm Desert for the most recent year with available data, 2019, was $3,935, approximately 0.9% of the median home sale price for June 2021.

The following table compares Palm Desert 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)
Beaumont331973.7%$485,000$390,00024.4%
Romoland 220%$481,750$421,00014.4%
Rubidoux 11922.2%$480,000$353,00036%
Menifee 1106861.8%$474,000$382,50023.9%
Perris34319.7%$453,000$331,00036.9%
Palm Desert16458182.8%$449,000$422,5006.3%
Lakeland Village21100%$447,500$290,00054.3%
Indio723889.5%$437,500$319,00037.1%
Idyllwild-Pine Cove 9650%$435,000$325,00033.8%
Moreno Valley947427%$432,000$350,00023.4%
Cathedral City352540%$425,000$360,00018.1%

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