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Monday, September 23, 2024

What happened to the median home price in Idyllwild-Pine Cove during June 2021?

Re 8

The median sale price of a home sold in June 2021 in Idyllwild-Pine Cove rose by $110,000 while total sales increased by 50%, according to BlockShopper.com.

In June 2021, there were nine homes sold, with a median sale price of $435,000 - a 33.8% increase over the $325,000 median sale price for the same period of the previous year. There were six homes sold in Idyllwild-Pine Cove in June 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 June 2021.

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

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Menifee 1106861.8%$474,000$382,50023.9%
Perris34319.7%$453,000$331,00036.9%
Palm Desert16458182.8%$449,000$422,5006.3%
Lakeland Village21100%$447,500$290,00054.3%
Indio723889.5%$437,500$319,00037.1%
Idyllwild-Pine Cove 9650%$435,000$325,00033.8%
Moreno Valley947427%$432,000$350,00023.4%
Cathedral City352540%$425,000$360,00018.1%
Aguanga 31200%$425,000$415,0002.4%
White Water 10-$409,000$0-
San Jacinto362828.6%$405,000$305,50032.6%

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