In May 2020, there were three homes sold, with a median sale price of $355,000 - a 6.6% increase over the $333,000 median sale price for the same period of the previous year. There were five homes sold in Nuevo in May 2019.
The median sales tax in Nuevo for the most recent year with available data, 2016, was $2,599, approximately 0.7% of the median home sale price for May 2020.
The following table compares Nuevo to other Riverside County cities with similar median sales prices in May 2020:
| City | May 2020 Home Sales | May 2019 Home Sales | % change (Total Home Sales) | May 2020 Median Sales Price | May 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Menifee | 107 | 211 | -49.3% | $380,000 | $345,000 | 10.1% |
| Idyllwild-Pine Cove | 15 | 16 | -6.3% | $369,000 | $334,500 | 10.3% |
| Beaumont | 38 | 74 | -48.6% | $366,500 | $334,000 | 9.7% |
| Bermuda Dunes | 4 | 11 | -63.6% | $361,500 | $360,000 | 0.4% |
| Aguanga | 3 | 4 | -25% | $355,000 | $345,000 | 2.9% |
| Nuevo | 3 | 5 | -40% | $355,000 | $333,000 | 6.6% |
| Moreno Valley | 110 | 211 | -47.9% | $350,000 | $336,500 | 4% |
| Perris | 35 | 86 | -59.3% | $335,000 | $338,500 | -1% |
| Indio | 48 | 131 | -63.4% | $334,500 | $310,000 | 7.9% |
| Cathedral City | 31 | 76 | -59.2% | $319,000 | $322,750 | -1.2% |
| Lakeland Village | 4 | 8 | -50% | $316,000 | $294,000 | 7.5% |
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