Quantcast

Coachella Today

Friday, November 1, 2024

Falling home prices in Mountain Center in the third quarter of 2021

Re 10

The median sale price of a home sold in the third quarter of 2021 in Mountain Center fell by $16,000 while total sales decreased by 60%, according to BlockShopper.com.

From July through September of 2021, there were eight homes sold, with a median sale price of $495,000 - a 3.1% decrease over the $511,000 median sale price for the same period of the previous year. There were 20 homes sold in Mountain Center in the third quarter of 2020.

The median sales tax in Mountain Center for the most recent year with available data, 2019, was $3,271, approximately 0.7% of the median home sale price for the third quarter of 2021.

The following table compares Mountain Center to other Riverside County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Riverside821865-5.1%$545,000$460,00018.5%
Nuevo 819-57.9%$532,500$385,00038.3%
Rubidoux 534129.3%$520,000$420,00023.8%
Lake Elsinore203228-11%$520,000$415,00025.3%
Calimesa2633-21.2%$505,000$380,00032.9%
Mountain Center 820-60%$495,000$511,000-3.1%
Beaumont154171-9.9%$490,000$375,00030.7%
Menifee 453477-5%$485,000$390,00024.4%
Idyllwild-Pine Cove 48109-56%$477,500$345,00038.4%
Palm Desert425543-21.7%$470,000$388,00021.1%
Moreno Valley46939817.8%$465,000$375,00024%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS