From July through September of 2021, there were 425 homes sold, with a median sale price of $470,000 - a 21.1% increase over the $388,000 median sale price for the same period of the previous year. There were 543 homes sold in Palm Desert in the third quarter of 2020.
The median sales tax in Palm Desert for the most recent year with available data, 2019, was $3,935, approximately 0.8% of the median home sale price for the third quarter of 2021.
The following table compares Palm Desert to other Riverside County cities with similar median sale prices in the third quarter of 2021:
| City | July - Sept. 2021 Home Sales | July - Sept. 2020 Home Sales | % change (Total Home Sales) | July - Sept. 2021 Median Sales Price | July - Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Calimesa | 26 | 33 | -21.2% | $505,000 | $380,000 | 32.9% |
| Mountain Center | 8 | 20 | -60% | $495,000 | $511,000 | -3.1% |
| Beaumont | 154 | 171 | -9.9% | $490,000 | $375,000 | 30.7% |
| Menifee | 453 | 477 | -5% | $485,000 | $390,000 | 24.4% |
| Idyllwild-Pine Cove | 48 | 109 | -56% | $477,500 | $345,000 | 38.4% |
| Palm Desert | 425 | 543 | -21.7% | $470,000 | $388,000 | 21.1% |
| Moreno Valley | 469 | 398 | 17.8% | $465,000 | $375,000 | 24% |
| Homeland | 5 | 6 | -16.7% | $462,500 | $355,000 | 30.3% |
| Perris | 209 | 197 | 6.1% | $456,500 | $375,000 | 21.7% |
| Indio | 240 | 322 | -25.5% | $450,000 | $360,500 | 24.8% |
| Cathedral City | 175 | 170 | 2.9% | $450,000 | $367,000 | 22.6% |
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