From April through June of 2021, there were 37 homes sold, with a median sale price of $318,000 - a 20% increase over the $265,000 median sale price for the same period of the previous year. There were 25 homes sold in Coachella in the second quarter of 2020.
The median sales tax in Coachella for the most recent year with available data, 2019, was $4,010, approximately 1.3% of the median home sale price for the second quarter of 2021.
The following table compares Coachella to other Riverside County cities with similar median sale prices in the second quarter of 2021:
City | Apr. - June 2021 Home Sales | Apr. - June 2020 Home Sales | % change (Total Home Sales) | Apr. - June 2021 Median Sales Price | Apr. - June 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lakeland Village | 14 | 3 | 366.7% | $407,500 | $290,000 | 40.5% |
Cathedral City | 182 | 58 | 213.8% | $400,500 | $349,500 | 14.6% |
San Jacinto | 145 | 76 | 90.8% | $400,000 | $302,000 | 32.5% |
Hemet | 453 | 195 | 132.3% | $357,000 | $280,000 | 27.5% |
Thousand Palms | 9 | 7 | 28.6% | $335,000 | $289,000 | 15.9% |
Coachella | 37 | 25 | 48% | $318,000 | $265,000 | 20% |
Desert Hot Springs | 183 | 77 | 137.7% | $310,000 | $236,000 | 31.4% |
White Water | 5 | 2 | 150% | $302,000 | $137,500 | 119.6% |
Banning | 72 | 24 | 200% | $290,000 | $273,250 | 6.1% |
Blythe | 38 | 21 | 81% | $219,250 | $150,000 | 46.2% |
Mecca | 2 | 2 | 0% | $212,500 | $95,000 | 123.7% |