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Monday, September 23, 2024

Pricing for the median home in Beaumont increased during the second quarter of 2021

Realestate5

The median sale price of a home sold in the second quarter of 2021 in Beaumont rose by $63,000 while total sales increased by 145.5%, according to BlockShopper.com.

From April through June of 2021, there were 135 homes sold, with a median sale price of $438,000 - a 16.8% increase over the $375,000 median sale price for the same period of the previous year. There were 55 homes sold in Beaumont in the second quarter of 2020.

The median sales tax in Beaumont for the most recent year with available data, 2019, was $5,304, approximately 1.2% of the median home sale price for the second quarter of 2021.

The following table compares Beaumont to other Riverside County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Sun City 31200%$460,000$575,000-20%
Idyllwild-Pine Cove 6316293.8%$460,000$325,00041.5%
Menifee 446170162.4%$456,250$370,00023.3%
Homeland 51400%$450,000$585,000-23.1%
Palm Desert734131460.3%$445,000$400,00011.3%
Beaumont13555145.5%$438,000$375,00016.8%
Moreno Valley405200102.5%$430,000$350,00022.9%
Indio33987289.7%$427,000$318,00034.3%
Aguanga 132550%$425,000$360,00018.1%
Perris18385115.3%$410,000$340,00020.6%
Lakeland Village143366.7%$407,500$290,00040.5%

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