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Wednesday, November 6, 2024

Desert Hot Springs home prices rise in July 2019

Realestate4

The median sale price of a home sold in July 2019 in Desert Hot Springs rose by $39,000 while total sales decreased by 29.6%, according to BlockShopper.com.

In July 2019, there were 50 homes sold, with a median sale price of $239,000 - a 19.5% increase over the $200,000 median sale price for the same period of the previous year. There were 71 homes sold in Desert Hot Springs in July 2018.

The median sales tax in Desert Hot Springs for the most recent year with available data, 2016, was $2,234, approximately 0.9% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Thousand Palms660%$275,500$215,00028.1%
Idyllwild-Pine Cove 910-10%$275,000$271,2501.4%
Cherry Valley 63100%$272,500$372,500-26.8%
Mountain Center 7540%$265,000$600,000-55.8%
Coachella1420-30%$257,500$269,522.50-4.5%
Desert Hot Springs5071-29.6%$239,000$200,00019.5%
Anza 3250%$225,000$177,50026.8%
Mecca 23-33.3%$175,000$135,00029.6%
Colton 10-$161,500$0-
Blythe18180%$139,000$135,0003%
Cabazon 23-33.3%$119,500$225,000-46.9%

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