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Sunday, September 22, 2024

Idyllwild-Pine Cove home prices rise in 2018

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The median sale price of a home sold in 2018 in Idyllwild-Pine Cove rose by $21,000 while total sales decreased by 14.7%, according to BlockShopper.com.

From January through December of 2018, there were 185 homes sold, with a median sale price of $310,000 - a 7.3% increase over the $289,000 median sale price for the previous year. There were 217 homes sold in Idyllwild-Pine Cove in 2017.

The median sales tax in Idyllwild-Pine Cove for the most recent year with available data, 2016, was $2,282, approximately 0.7% of the median home sale price for 2018.

The following table compares Idyllwild-Pine Cove to other Riverside County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Homeland 2228-21.4%$330,000$286,50015.2%
Beaumont670763-12.2%$326,250$310,0005.2%
Moreno Valley2,1392,496-14.3%$325,000$300,0008.3%
Perris925995-7%$315,000$290,0008.6%
Indio1,2991,342-3.2%$313,000$283,00010.6%
Idyllwild-Pine Cove 185217-14.7%$310,000$289,0007.3%
Cathedral City726752-3.5%$302,750$275,7509.8%
Cherry Valley 7379-7.6%$294,000$280,0005%
Lakeland Village8298-16.3%$290,000$245,00018.4%
San Jacinto759834-9%$280,000$252,00011.1%
Hemet1,8582,184-14.9%$265,000$247,5007.1%

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