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NW Riverside News

Thursday, November 7, 2024

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

Re 11

The median sale price of a home sold in August 2021 in Idyllwild-Pine Cove rose by $40,000 while total sales decreased by 83.7%, according to BlockShopper.com.

In August 2021, there were eight homes sold, with a median sale price of $435,000 - a 10.1% increase over the $395,000 median sale price for the same period of the previous year. There were 49 homes sold in Idyllwild-Pine Cove in August 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 August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Homeland 21100%$465,000$250,00086%
Moreno Valley70147-52.4%$465,000$375,00024%
Cathedral City2454-55.6%$462,500$369,00025.3%
Indio39130-70%$455,000$367,00024%
Colton 110%$440,000$500,000-12%
Idyllwild-Pine Cove 849-83.7%$435,000$395,00010.1%
Thousand Palms24-50%$427,500$321,00033.2%
San Jacinto3248-33.3%$415,000$327,50026.7%
Cherry Valley 27-71.4%$414,500$484,500-14.4%
Hemet74147-49.7%$390,000$300,00030%
Lakeview 12-50%$365,000$431,000-15.3%

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