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Saturday, November 16, 2024

November 2020: Lakeland Village experienced a 2% increase in median home prices

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The median sale price of a home sold in November 2020 in Lakeland Village rose by $6,000 while total sales increased by 25%, according to BlockShopper.com.

In November 2020, there were 10 homes sold, with a median sale price of $307,500 - a 2% increase over the $301,500 median sale price for the same period of the previous year. There were eight homes sold in Lakeland Village in November 2019.

The median sales tax in Lakeland Village for the most recent year with available data, 2019, was $1,691, approximately 0.5% of the median home sale price for November 2020.

The following table compares Lakeland Village to other Riverside County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Indio1108037.5%$361,250$348,0003.8%
Cabazon 23-33.3%$353,500$197,00079.4%
San Jacinto53513.9%$350,000$303,50015.3%
Hemet17614521.4%$329,250$278,00018.4%
White Water 10-$322,500$0-
Lakeland Village10825%$307,500$301,5002%
Banning362733.3%$285,000$269,0005.9%
Lakeview 10-$285,000$0-
Coachella1417-17.6%$280,000$283,000-1.1%
Aguanga 35-40%$280,000$110,000154.5%
Desert Hot Springs6164-4.7%$272,500$229,50018.7%

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