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

Wed Feb 21 2024
This week the median list price for Desert Hot Springs, CA is $499,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 161. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Desert Hot Springs, CA

Wed Feb 21 2024
This week the median list price for Desert Hot Springs, CA is $499,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 161. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Desert Hot Springs market.
Median List Price $499,000
Median Price of New Listings $435,000
Per Square Foot $276
Average Days on Market 99
Median Days on Market 63
Price Decreased 33%
Price Increased 1%
Relisted 6%
Inventory 161
Median Rent
Market Action 33
Slight Seller's Advantage

The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.

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
$699,000 2,130 0.25 - 0.5 acre 3 2.5 24 3 1 77
$542,500 1,853 6,500 - 8,000 sqft 3 2 18 2 4 101
$458,750 1,854 8,000 - 10,000 sqft 3 2 19 3 3 49
$369,000 1,356 6,500 - 8,000 sqft 3 2 39 7 10 42