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Rising home prices in Bermuda Dunes in the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Bermuda Dunes rose by $78,000 while total sales increased by 390%, according to BlockShopper.com.

From April through June of 2021, there were 49 homes sold, with a median sale price of $525,000 - a 17.4% increase over the $447,000 median sale price for the same period of the previous year. There were 10 homes sold in Bermuda Dunes in the second quarter of 2020.

The median sales tax in Bermuda Dunes for the most recent year with available data, 2019, was $3,634, approximately 0.7% of the median home sale price for the second quarter of 2021.

The following table compares Bermuda Dunes to other Riverside County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Murrieta608164270.7%$571,000$434,50031.4%
Lakeview 10-$560,000$0-
Winchester 13646195.7%$550,000$435,00026.4%
Wildomar13640240%$545,000$411,25032.5%
Riverside870262232.1%$525,000$429,50022.2%
Bermuda Dunes 4910390%$525,000$447,00017.4%
Nuevo 133333.3%$505,000$318,00058.8%
Lake Elsinore22381175.3%$500,000$398,00025.6%
Cherry Valley 213600%$494,773$410,00020.7%
Calimesa191172.7%$490,000$430,00014%
Rubidoux 392095%$480,000$362,50032.4%

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