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Sunday, November 24, 2024

Pricing for the median home in Idyllwild-Pine Cove increased during May 2021

Realestate4

The median sale price of a home sold in May 2021 in Idyllwild-Pine Cove rose by $93,500 while total sales increased by 60%, according to BlockShopper.com.

In May 2021, there were eight homes sold, with a median sale price of $462,500 - a 25.3% increase over the $369,000 median sale price for the same period of the previous year. There were five homes sold in Idyllwild-Pine Cove in May 2020.

The median sales tax in Idyllwild-Pine Cove for the most recent year with available data, 2019, was $2,606, approximately 0.6% of the median home sale price for May 2021.

The following table compares Idyllwild-Pine Cove to other Riverside County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Romoland 12-50%$532,000$357,50048.8%
Riverside1217757.1%$510,000$425,00020%
Palm Desert12642200%$499,000$395,00026.3%
Rubidoux 770%$490,000$418,00017.2%
Lake Elsinore332437.5%$490,000$394,50024.2%
Idyllwild-Pine Cove 8560%$462,500$369,00025.3%
Menifee 715236.5%$460,000$370,00024.3%
Cathedral City261662.5%$443,750$357,50024.1%
Lakeland Village220%$433,500$275,00057.6%
Indio4822118.2%$430,500$316,00036.2%
Moreno Valley5964-7.8%$425,000$347,50022.3%

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