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Golden State Today

Wednesday, November 6, 2024

Desert Hot Springs home prices rise in May 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in May 2019 in Desert Hot Springs rose by $4,000 while total sales decreased by 25%, according to BlockShopper.com.

In May 2019, there were 54 homes sold, with a median sale price of $216,500 - a 1.9% increase over the $212,500 median sale price for the same period of the previous year. There were 72 homes sold in Desert Hot Springs in May 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 May 2019.

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

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Thousand Palms7540%$274,000$290,000-5.5%
Hemet185202-8.4%$265,000$263,5000.6%
White Water 30-$261,500$0-
Cherry Valley 714-50%$257,000$294,250-12.7%
Coachella1819-5.3%$253,000$240,0005.4%
Banning3145-31.1%$250,000$249,0000.4%
Cabazon 26-66.7%$235,500$173,50035.7%
Thermal10-$235,000$0-
Desert Hot Springs5472-25%$216,500$212,5001.9%
Mecca 12-50%$180,000$131,50036.9%
Blythe121020%$159,000$124,75027.5%

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