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Desert Hot Springs, CA

Single-Family Homes

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Desert Hot Springs, CA

Sun Aug 01 2021
This week the median list price for Desert Hot Springs, CA is $369,450 with the market action index hovering around 69. This is less than last month's market action index of 73. Inventory has increased to 74. Click here to stay informed with the Desert Hot Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Desert Hot Springs, CA

Sun Aug 01 2021
This week the median list price for Desert Hot Springs, CA is $369,450 with the market action index hovering around 69. This is less than last month's market action index of 73. Inventory has increased to 74. Click here to stay informed with the Desert Hot Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Desert Hot Springs market.
Median List Price $369,450
Median Price of New Listings $335,000
Per Square Foot $234
Average Days on Market 86
Median Days on Market 28
Price Decreased 11%
Price Increased 15%
Relisted 1%
Inventory 74
Median Rent $1,948
Market Action 69
Strong Seller's Market

Prices have moved upward in the last few weeks and are nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$614,999 2,152 0.5 - 1 acre 3 2 31 1 2 66
$395,250 1,709 8,000 - 10,000 sqft 4 2 17 3 0 24
$335,000 1,496 6,500 - 8,000 sqft 3 2 31 11 4 7
$235,000 1,118 6,500 - 8,000 sqft 2 2 58 6 3 49