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Friday, November 1, 2024

May 2021: Home prices in Desert Hot Springs increased

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The median sale price of a home sold in May 2021 in Desert Hot Springs rose by $129,000 while total sales remained unchanged with 26 homes sold, according to BlockShopper.com.

In May 2021, there were 26 homes sold, with a median sale price of $355,000 - a 57.1% increase over the $226,000 median sale price for the same period of the previous year. There were 26 homes sold in Desert Hot Springs in May 2020, as well.

The median sales tax in Desert Hot Springs for the most recent year with available data, 2019, was $2,628, approximately 0.7% of the median home sale price for May 2021.

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

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Beaumont292045%$415,000$372,50011.4%
San Jacinto2023-13%$400,000$300,00033.3%
Perris25244.2%$386,000$329,50017.1%
Aguanga 10-$368,000$0-
Hemet685915.3%$355,500$299,00018.9%
Desert Hot Springs26260%$355,000$226,00057.1%
Cherry Valley 42100%$324,750$355,000-8.5%
Thousand Palms12-50%$320,000$369,500-13.4%
Coachella58-37.5%$308,000$261,00018%
Banning12850%$307,500$273,00012.6%
Blythe68-25%$238,500$156,00052.9%

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