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Friday, November 1, 2024

Home prices increased in Indio during August 2021

Realestate2

The median sale price of a home sold in August 2021 in Indio rose by $88,000 while total sales decreased by 70%, according to BlockShopper.com.

In August 2021, there were 39 homes sold, with a median sale price of $455,000 - a 24% increase over the $367,000 median sale price for the same period of the previous year. There were 130 homes sold in Indio in August 2020.

The median sales tax in Indio for the most recent year with available data, 2019, was $3,478, approximately 0.8% of the median home sale price for August 2021.

The following table compares Indio to other Riverside County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Perris3262-48.4%$477,500$375,00027.3%
Beaumont2162-66.1%$475,000$382,50024.2%
Homeland 21100%$465,000$250,00086%
Moreno Valley70147-52.4%$465,000$375,00024%
Cathedral City2454-55.6%$462,500$369,00025.3%
Indio39130-70%$455,000$367,00024%
Colton 110%$440,000$500,000-12%
Idyllwild-Pine Cove 849-83.7%$435,000$395,00010.1%
Thousand Palms24-50%$427,500$321,00033.2%
San Jacinto3248-33.3%$415,000$327,50026.7%
Cherry Valley 27-71.4%$414,500$484,500-14.4%

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