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Friday, November 1, 2024

Desert Hot Springs home prices rise in December 2018

Realestate4

The median sale price of a home sold in December 2018 in Desert Hot Springs rose by $21,819 while total sales decreased by 4.8%, according to BlockShopper.com.

In December 2018, there were 60 homes sold, with a median sale price of $220,000 - a 11% increase over the $198,181 median sale price for the same period of the previous year. There were 63 homes sold in Desert Hot Springs in December 2017.

The median sales tax in Desert Hot Springs for the most recent year with available data, 2016, was $2,234, approximately 1% of the median home sale price for December 2018.

The following table compares Desert Hot Springs to other Riverside County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Cherry Valley 49-55.6%$265,000$394,500-32.8%
Banning2829-3.4%$260,000$247,5005.1%
Thousand Palms49-55.6%$256,000$220,00016.4%
Lakeland Village47-42.9%$255,000$265,500-4%
Coachella201442.9%$234,000$244,000-4.1%
Desert Hot Springs6063-4.8%$220,000$198,18111%
Bermuda Dunes 816-50%$204,500$382,000-46.5%
Thermal30-$175,000$0-
Aguanga 23-33.3%$165,000$355,000-53.5%
Cabazon 13-66.7%$160,000$173,000-7.5%
Blythe131030%$120,000$113,0006.2%

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