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Friday, November 1, 2024

Desert Hot Springs home prices rose in August 2021

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The median sale price of a home sold in August 2021 in Desert Hot Springs rose by $25,000 while total sales decreased by 45.6%, according to BlockShopper.com.

In August 2021, there were 31 homes sold, with a median sale price of $275,000 - a 10% increase over the $250,000 median sale price for the same period of the previous year. There were 57 homes sold in Desert Hot Springs in August 2020.

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 August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Cherry Valley 27-71.4%$414,500$484,500-14.4%
Hemet74147-49.7%$390,000$300,00030%
Lakeview 12-50%$365,000$431,000-15.3%
Coachella711-36.4%$350,000$285,00022.8%
Banning623-73.9%$330,000$270,00022.2%
Cabazon 15-80%$310,000$250,00024%
Blythe716-56.3%$301,000$154,00095.5%
Bermuda Dunes 314-78.6%$300,000$387,500-22.6%
Lakeland Village25-60%$299,000$382,500-21.8%
Desert Hot Springs3157-45.6%$275,000$250,00010%
Mecca 20-$169,000$0-

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