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NW Riverside News

Friday, September 27, 2024

Cabazon home prices rise in August 2020

Realestate2

The median sale price of a home sold in August 2020 in Cabazon rose by $62,000 while total sales increased by 50%, according to BlockShopper.com.

In August 2020, there were three homes sold, with a median sale price of $230,000 - a 36.9% increase over the $168,000 median sale price for the same period of the previous year. There were two homes sold in Cabazon in August 2019.

The median sales tax in Cabazon for the most recent year with available data, 2016, was $1,213, approximately 0.5% of the median home sale price for August 2020.

The following table compares Cabazon to other Riverside County cities with similar median sales prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Nuevo 440%$337,500$460,000-26.6%
Idyllwild-Pine Cove 135160%$315,000$256,00023%
Hemet4897-50.5%$297,500$270,00010.2%
Coachella210-80%$293,500$288,5001.7%
Cherry Valley 13-66.7%$285,000$300,000-5%
Banning826-69.2%$277,000$248,00011.7%
Desert Hot Springs2138-44.7%$269,000$225,00019.6%
Cabazon 3250%$230,000$168,00036.9%
Sun City 110%$217,500$234,000-7.1%
Blythe59-44.4%$210,000$157,50033.3%
Anza 10-$65,000$0-

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