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Friday, November 1, 2024

Home prices increased in Palm Desert during September 2021

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The median sale price of a home sold in September 2021 in Palm Desert rose by $30,000 while total sales decreased by 64.7%, according to BlockShopper.com.

In September 2021, there were 73 homes sold, with a median sale price of $450,000 - a 7.1% increase over the $420,000 median sale price for the same period of the previous year. There were 207 homes sold in Palm Desert in September 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 September 2021.

The following table compares Palm Desert to other Riverside County cities with similar median sale prices in September 2021:

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Moreno Valley96158-39.2%$485,250$378,50028.2%
Menifee 94192-51%$476,250$390,00022.1%
Indio52121-57%$469,500$380,00023.6%
Perris4177-46.8%$464,000$375,00023.7%
Homeland 12-50%$462,500$550,000-15.9%
Palm Desert73207-64.7%$450,000$420,0007.1%
San Jacinto4159-30.5%$425,000$343,00023.9%
Coachella615-60%$422,500$295,00043.2%
Lakeland Village58-37.5%$410,000$286,00043.4%
Bermuda Dunes 515-66.7%$410,000$375,0009.3%
Anza 15-80%$409,000$397,0003%

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