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Friday, November 1, 2024

July 2021: Home prices in Desert Hot Springs increased

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The median sale price of a home sold in July 2021 in Desert Hot Springs rose by $90,000 while total sales increased by 25%, according to BlockShopper.com.

In July 2021, there were 45 homes sold, with a median sale price of $315,000 - a 40% increase over the $225,000 median sale price for the same period of the previous year. There were 36 homes sold in Desert Hot Springs in July 2020.

The median sales tax in Desert Hot Springs for the most recent year with available data, 2019, was $2,628, approximately 0.8% of the median home sale price for July 2021.

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

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Lakeview 10-$405,000$0-
Lakeland Village18-87.5%$400,000$313,00027.8%
Hemet84106-20.8%$382,500$294,00030.1%
Coachella912-25%$370,000$272,00036%
Banning1530-50%$330,000$255,50029.2%
Desert Hot Springs453625%$315,000$225,00040%
Thermal10-$280,000$0-
Thousand Palms16-83.3%$280,000$191,00046.6%
Cabazon 21100%$260,000$3,0008566.7%
Blythe810-20%$224,750$110,000104.3%
Aguanga 110%$30,000$565,000-94.7%

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