Kevin Stern / Town Real Estate

Desert Hot Springs, CA

Single-Family Homes

www.TownCA.com | 760-250-1977 | kevin@kevinstern.com | CalDRE #01376548



Desert Hot Springs, CA

Sat Feb 04 2023
This week the median list price for Desert Hot Springs, CA is $438,500 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has decreased to 138. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Desert Hot Springs, CA

Sat Feb 04 2023
This week the median list price for Desert Hot Springs, CA is $438,500 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has decreased to 138. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Desert Hot Springs market.
Median List Price $438,500
Median Price of New Listings $413,949
Per Square Foot $268
Average Days on Market 96
Median Days on Market 74
Price Decreased 39%
Price Increased 4%
Relisted 12%
Inventory 138
Median Rent
Market Action 34
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$649,500 2,074 8,000 - 10,000 sqft 4 3 24 2 3 80
$489,500 1,773 8,000 - 10,000 sqft 3 2 18 3 3 77
$399,000 1,575 8,000 - 10,000 sqft 3 2 30 4 6 70
$335,000 1,282 6,500 - 8,000 sqft 3 2 36 3 10 56