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Friday, November 1, 2024

Median home prices in Bermuda Dunes fell to $497,500 in October 2021

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The median sale price of a home sold in October 2021 in Bermuda Dunes fell by $74,500 while total sales decreased by 60%, according to BlockShopper.com.

In October 2021, there were six homes sold, with a median sale price of $497,500 - a 13% decrease over the $572,000 median sale price for the same period of the previous year. There were 15 homes sold in Bermuda Dunes in October 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 October 2021.

The following table compares Bermuda Dunes to other Riverside County cities with similar median sale prices in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Calimesa28-75%$525,000$384,00036.7%
Palm Springs64176-63.6%$509,000$477,0006.7%
Idyllwild-Pine Cove 838-78.9%$507,500$385,50031.6%
Menifee 88174-49.4%$502,500$399,50025.8%
Indio44134-67.2%$499,500$350,75042.4%
Bermuda Dunes 615-60%$497,500$572,000-13%
Beaumont3262-48.4%$492,500$389,00026.6%
Palm Desert89262-66%$485,000$380,00027.6%
Perris4964-23.4%$480,000$383,25025.2%
Cathedral City3067-55.2%$472,500$375,00026%
Moreno Valley76199-61.8%$469,000$376,00024.7%

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