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Thursday, November 7, 2024

Desert Hot Springs home prices rise in March 2019

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The median sale price of a home sold in March 2019 in Desert Hot Springs rose by $8,000 while total sales decreased by 22.1%, according to BlockShopper.com.

In March 2019, there were 53 homes sold, with a median sale price of $215,000 - a 3.9% increase over the $207,000 median sale price for the same period of the previous year. There were 68 homes sold in Desert Hot Springs in March 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 March 2019.

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

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Thousand Palms211-81.8%$270,000$219,00023.3%
Colton 20-$270,000$0-
Hemet164169-3%$268,250$265,0001.2%
Lakeland Village7475%$260,000$252,0003.2%
Cabazon 13-66.7%$260,000$140,00085.7%
Banning32320%$249,000$237,0005.1%
Coachella1921-9.5%$242,000$250,000-3.2%
Desert Hot Springs5368-22.1%$215,000$207,0003.9%
Mecca 10-$185,000$0-
Blythe15147.1%$165,000$130,00026.9%
Anza 30-$105,000$0-

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