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Wednesday, November 27, 2024

November 2019: Desert Hot Springs experienced a 9.3% increase in median home prices

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The median sale price of a home sold in November 2019 in Desert Hot Springs rose by $19,500 while total sales increased by 23.1%, according to BlockShopper.com.

In November 2019, there were 64 homes sold, with a median sale price of $229,500 - a 9.3% increase over the $210,000 median sale price for the same period of the previous year. There were 52 homes sold in Desert Hot Springs in November 2018.

The median sales tax in Desert Hot Springs for 2019 was $2,628. In 2018, the median sales tax was $2,484. This marks an increase of 5.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.

The following table compares Desert Hot Springs to other Riverside County cities with similar median sale prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Anza 51400%$299,500$295,0001.5%
Cherry Valley 440%$285,000$249,50014.2%
Coachella17988.9%$283,000$247,00014.6%
Hemet1451348.2%$278,000$265,0004.9%
Banning2732-15.6%$269,000$240,00012.1%
Desert Hot Springs645223.1%$229,500$210,0009.3%
Cabazon 35-40%$197,000$150,00031.3%
Thousand Palms220%$161,250$268,500-39.9%
Blythe111010%$158,000$114,50038%
Aguanga 51400%$110,000$413,000-73.4%
Mecca 110%$62,500$130,000-51.9%

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