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Tuesday, November 5, 2024

Pricing for the median home in Desert Hot Springs increased during December 2020

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The median sale price of a home sold in December 2020 in Desert Hot Springs rose by $38,000 while total sales increased by 40%, according to BlockShopper.com.

In December 2020, there were 77 homes sold, with a median sale price of $272,000 - a 16.2% increase over the $234,000 median sale price for the same period of the previous year. There were 55 homes sold in Desert Hot Springs in December 2019.

The median sales tax in Desert Hot Springs for the most recent year with available data, 2019, was $2,628, approximately 1% of the median home sale price for December 2020.

The following table compares Desert Hot Springs to other Riverside County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Palm Desert27017653.4%$380,000$339,50011.9%
San Jacinto6163-3.2%$342,000$305,00012.1%
Hemet1781648.5%$327,000$274,50019.1%
Mountain Center 51400%$315,000$220,00043.2%
Coachella1521-28.6%$279,000$260,0007.3%
Desert Hot Springs775540%$272,000$234,00016.2%
White Water 10-$261,000$0-
Banning30287.1%$260,000$238,5009%
Thousand Palms63100%$258,750$298,000-13.2%
Cabazon 63100%$234,500$104,500124.4%
Blythe1012-16.7%$168,500$207,000-18.6%

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