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Friday, November 1, 2024

October 2021: Home prices in Indian Wells increased

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The median sale price of a home sold in October 2021 in Indian Wells rose by $315,500 while total sales decreased by 65.2%, according to BlockShopper.com.

In October 2021, there were 16 homes sold, with a median sale price of $1,105,000 - a 40% increase over the $789,500 median sale price for the same period of the previous year. There were 46 homes sold in Indian Wells in October 2020.

The median sales tax in Indian Wells for the most recent year with available data, 2019, was $8,884, approximately 0.8% of the median home sale price for October 2021.

The following table compares Indian Wells 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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