January 2020: Idyllwild-Pine Cove experienced a 15.3% drop in median home prices

January 2020: Idyllwild-Pine Cove experienced a 15.3% drop in median home prices
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The median sale price of a home sold in January 2020 in Idyllwild-Pine Cove fell by $55,000 while total sales increased by 110%, according to BlockShopper.com.

In January 2020, there were 21 homes sold, with a median sale price of $305,000 – a 15.3% decrease over the $360,000 median sale price for the same period of the previous year. There were 10 homes sold in Idyllwild-Pine Cove in January 2019.

The median sales tax in Idyllwild-Pine Cove for the most recent year with available data, 2019, was $2,606, approximately 0.9% of the median home sale price for January 2020.

The following table compares Idyllwild-Pine Cove to other Riverside County cities with similar median sale prices in January 2020:

City Jan. 2020 Home Sales Jan. 2019 Home Sales % change (Total Home Sales) Jan. 2020 Median Sales Price Jan. 2019 Median Sales Price % change (Median Sales Price)
Cathedral City 42 42 0% $336,250 $319,000 5.4%
Lakeland Village 3 6 -50% $330,000 $264,500 24.8%
Coachella 18 22 -18.2% $320,000 $260,000 23.1%
Indio 75 77 -2.6% $313,000 $310,000 1%
San Jacinto 48 55 -12.7% $308,000 $304,500 1.1%
Idyllwild-Pine Cove 21 10 110% $305,000 $360,000 -15.3%
Hemet 113 108 4.6% $266,000 $250,000 6.4%
Cherry Valley 2 4 -50% $251,000 $253,500 -1%
Banning 24 29 -17.2% $250,000 $235,000 6.4%
Mountain Center 5 5 0% $235,000 $625,000 -62.4%
Desert Hot Springs 53 49 8.2% $234,000 $220,000 6.4%


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