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Friday, September 27, 2024

What happened to the median home price in Beaumont during November 2019?

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The median sale price of a home sold in November 2019 in Beaumont fell by $3,000 while total sales decreased by 25.6%, according to BlockShopper.com.

In November 2019, there were 32 homes sold, with a median sale price of $337,000 - a 0.9% decrease over the $340,000 median sale price for the same period of the previous year. There were 43 homes sold in Beaumont in November 2018.

The median sales tax in Beaumont for 2019 was $5,304. In 2018, the median sales tax was $5,252. This marks an increase of 1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.

The following table compares Beaumont to other Riverside County cities with similar median sale prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Menifee 14713310.5%$350,000$340,0002.9%
Indio8099-19.2%$348,000$324,0007.4%
Palm Desert136137-0.7%$345,000$368,000-6.3%
Cathedral City4452-15.4%$342,500$297,50015.1%
Moreno Valley155162-4.3%$339,000$328,5003.2%
Beaumont3243-25.6%$337,000$340,000-0.9%
Bermuda Dunes 1013-23.1%$332,500$355,000-6.3%
Perris5570-21.4%$331,500$313,5005.7%
Idyllwild-Pine Cove 2110110%$307,000$424,000-27.6%
Nuevo 57-28.6%$305,000$359,000-15%
San Jacinto5164-20.3%$303,500$291,7504%

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