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Thursday, November 7, 2024

Desert Hot Springs home prices unchanged in February 2019

Re 7

The median sale price of a home sold in February 2019 in Desert Hot Springs was unchanged while total sales increased by 5.3%, according to BlockShopper.com.

In February 2019, there were 60 homes sold, with a median sale price of $205,000. There were 57 homes sold in Desert Hot Springs in February 2018, and the median sales price for the period was also $205,000.

The median sales tax in Desert Hot Springs for the most recent year with available data, 2016, was $2,234, approximately 1.1% of the median home sale price for February 2019.

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

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Sun City 20-$270,000$0-
Coachella1316-18.8%$263,000$230,50014.1%
Thousand Palms36-50%$250,000$152,50063.9%
Hemet1211137.1%$250,000$252,500-1%
Banning2024-16.7%$247,000$250,250-1.3%
White Water 46-33.3%$236,500$206,00014.8%
Desert Hot Springs60575.3%$205,000$205,0000%
Cabazon 40-$190,000$0-
Anza 42100%$186,000$255,000-27.1%
Colton 12-50%$150,000$479,000-68.7%
Blythe1014-28.6%$121,500$128,750-5.6%

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