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Wednesday, November 6, 2024

Desert Hot Springs home prices rise in June 2019

Realestate5

The median sale price of a home sold in June 2019 in Desert Hot Springs rose by $13,500 while total sales decreased by 4.2%, according to BlockShopper.com.

In June 2019, there were 69 homes sold, with a median sale price of $230,000 - a 6.2% increase over the $216,500 median sale price for the same period of the previous year. There were 72 homes sold in Desert Hot Springs in June 2018.

The median sales tax in Desert Hot Springs for the most recent year with available data, 2016, was $2,234, approximately 1% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Homeland 25-60%$320,000$335,000-4.5%
Idyllwild-Pine Cove 1423-39.1%$318,500$310,0002.7%
San Jacinto786323.8%$298,000$278,0007.2%
Coachella1523-34.8%$285,000$255,00011.8%
Hemet168199-15.6%$279,250$265,0005.4%
Banning34326.3%$239,000$240,000-0.4%
Desert Hot Springs6972-4.2%$230,000$216,5006.2%
Cabazon 440%$177,000$189,250-6.5%
Blythe720-65%$175,000$143,50022%
Mecca 21100%$55,000$155,000-64.5%
Thermal10-$40,000$0-

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