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Friday, November 1, 2024

Rancho Mirage home prices rose in October 2021

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The median sale price of a home sold in October 2021 in Rancho Mirage rose by $92,500 while total sales decreased by 72.3%, according to BlockShopper.com.

In October 2021, there were 33 homes sold, with a median sale price of $692,500 - a 15.4% increase over the $600,000 median sale price for the same period of the previous year. There were 119 homes sold in Rancho Mirage in October 2020.

The median sales tax in Rancho Mirage for the most recent year with available data, 2019, was $6,495, approximately 0.9% of the median home sale price for October 2021.

The following table compares Rancho Mirage 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)
Indian Wells1646-65.2%$1,105,000$789,50040%
Corona106252-57.9%$727,500$579,00025.6%
Norco528-82.1%$708,000$709,500-0.2%
Rancho Mirage33119-72.3%$692,500$600,00015.4%
Temecula113220-48.6%$691,500$539,50028.2%
Mira Loma 712-41.7%$681,000$555,00022.7%
Mountain Center 110-90%$630,000$500,00026%
Murrieta101281-64.1%$600,000$495,00021.2%
Winchester 2648-45.8%$600,000$522,50014.8%
Wildomar1841-56.1%$590,500$495,00019.3%
Canyon Lake935-74.3%$585,000$569,5002.7%

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