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Saturday, November 2, 2024

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

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The median sale price of a home sold in September 2020 in Desert Hot Springs rose by $61,500 while total sales increased by 14.3%, according to BlockShopper.com.

In September 2020, there were 64 homes sold, with a median sale price of $275,000 - a 28.8% increase over the $213,500 median sale price for the same period of the previous year. There were 56 homes sold in Desert Hot Springs in September 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 September 2020.

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

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
White Water 3250%$309,500$255,00021.4%
Cherry Valley 510-50%$305,000$354,000-13.8%
Coachella1516-6.3%$295,000$266,00010.9%
Sun City 10-$295,000$0-
Lakeland Village812-33.3%$286,000$247,50015.6%
Banning322814.3%$280,750$234,50019.7%
Desert Hot Springs645614.3%$275,000$213,50028.8%
Thousand Palms6520%$262,000$284,000-7.7%
Cabazon 42100%$238,000$179,75032.4%
Blythe228175%$168,000$138,75021.1%
Mecca 10-$140,000$0-

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