Thousand Palms home prices rise in 2019

Medium realestate077

The median sale price of a home sold in 2019 in Thousand Palms rose by $38,750 while total sales decreased by 53.3%, according to BlockShopper.com.

From January through December of 2019, there were 28 homes sold, with a median sale price of $274,500 - a 16.4% increase over the $235,750 median sale price for the previous year. There were 60 homes sold in Thousand Palms in 2018.

The median sales tax in Thousand Palms for the most recent year with available data, 2016, was $2,465, approximately 0.9% of the median home sale price for 2019.

The following table compares Thousand Palms to other Riverside County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Idyllwild-Pine Cove 82185-55.7%$310,000$310,0000%
Colton 10100%$310,000$501,000-38.1%
San Jacinto513759-32.4%$295,000$280,0005.4%
Cherry Valley 4173-43.8%$295,000$294,0000.3%
Lakeland Village5282-36.6%$279,500$290,000-3.6%
Thousand Palms2860-53.3%$274,500$235,75016.4%
Anza 302615.4%$270,500$210,25028.7%
Sun City 47-42.9%$270,000$390,000-30.8%
Hemet1,1921,858-35.8%$266,250$265,0000.5%
Coachella128219-41.6%$257,750$247,0004.4%
White Water 1018-44.4%$253,250$211,00020%

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