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NW Riverside News

Thursday, November 7, 2024

August 2021: Beaumont experienced a 24.2% increase in median home prices

Realestate5

The median sale price of a home sold in August 2021 in Beaumont rose by $92,500 while total sales decreased by 66.1%, according to BlockShopper.com.

In August 2021, there were 21 homes sold, with a median sale price of $475,000 - a 24.2% increase over the $382,500 median sale price for the same period of the previous year. There were 62 homes sold in Beaumont in August 2020.

The median sales tax in Beaumont for the most recent year with available data, 2019, was $5,304, approximately 1.1% of the median home sale price for August 2021.

The following table compares Beaumont 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)
Lake Elsinore3682-56.1%$522,500$422,50023.7%
Calimesa310-70%$515,000$354,50045.3%
Menifee 71159-55.3%$505,000$410,00023.2%
Palm Desert53217-75.6%$485,000$410,00018.3%
Perris3262-48.4%$477,500$375,00027.3%
Beaumont2162-66.1%$475,000$382,50024.2%
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%

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