Indian Wells home prices rise in 2019

Medium realestate3

The median sale price of a home sold in 2019 in Indian Wells rose by $9,000 while total sales decreased by 32.8%, according to BlockShopper.com.

From January through December of 2019, there were 209 homes sold, with a median sale price of $735,000 - a 1.2% increase over the $726,000 median sale price for the previous year. There were 311 homes sold in Indian Wells in 2018.

The median sales tax in Indian Wells for the most recent year with available data, 2016, was $8,454, approximately 1.2% of the median home sale price for 2019.

The following table compares Indian Wells 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)
Indian Wells209311-32.8%$735,000$726,0001.2%
Yucaipa 27-71.4%$663,750$675,000-1.7%
Norco154281-45.2%$595,000$575,0003.5%
Rancho Mirage523846-38.2%$525,000$520,0001%
Corona1,6352,652-38.3%$520,000$510,0002%
Mira Loma 115181-36.5%$500,000$475,0005.3%
Temecula1,2631,933-34.7%$470,000$464,5001.2%
La Quinta9421,516-37.9%$445,000$418,5006.3%
Mountain Center 3040-25%$442,750$335,50032%
Canyon Lake187251-25.5%$440,000$425,0003.5%
Palm Springs1,0871,681-35.3%$440,000$412,0006.8%

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