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Sunday, November 24, 2024

February 2021: Home prices in Desert Hot Springs increased

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The median sale price of a home sold in February 2021 in Desert Hot Springs rose by $32,500 while total sales decreased by 12.8%, according to BlockShopper.com.

In February 2021, there were 41 homes sold, with a median sale price of $282,500 - a 13% increase over the $250,000 median sale price for the same period of the previous year. There were 47 homes sold in Desert Hot Springs in February 2020.

The median sales tax in Desert Hot Springs for the most recent year with available data, 2019, was $2,628, approximately 0.9% of the median home sale price for February 2021.

The following table compares Desert Hot Springs to other Riverside County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Indio6282-24.4%$373,000$325,25014.7%
Lakeland Village550%$369,000$315,00017.1%
San Jacinto3545-22.2%$363,000$310,00017.1%
Thousand Palms21100%$357,500$310,00015.3%
Hemet91123-26%$330,000$295,00011.9%
Cherry Valley 36-50%$309,000$290,0006.6%
Banning1622-27.3%$307,500$257,50019.4%
Coachella920-55%$300,000$252,00019%
Desert Hot Springs4147-12.8%$282,500$250,00013%
White Water 10-$270,000$0-
Blythe46-33.3%$215,000$180,00019.4%

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