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Friday, September 27, 2024

Idyllwild-Pine Cove home prices rise in August 2020

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The median sale price of a home sold in August 2020 in Idyllwild-Pine Cove rose by $59,000 while total sales increased by 160%, according to BlockShopper.com.

In August 2020, there were 13 homes sold, with a median sale price of $315,000 - a 23% increase over the $256,000 median sale price for the same period of the previous year. There were five homes sold in Idyllwild-Pine Cove in August 2019.

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 August 2020.

The following table compares Idyllwild-Pine Cove 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)
Bermuda Dunes 56-16.7%$355,000$427,000-16.9%
San Jacinto1246-73.9%$353,500$299,00018.2%
Calimesa48-50%$352,500$376,500-6.4%
Beaumont2443-44.2%$343,000$330,0003.9%
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%

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