Gersson Ojeda Esparza, Listing Office: eXp Realty Of Southern California Inc
Desert Hot Springs Housing Market Report December 2024•Riverside County, California
Housing Prices in Desert Hot Springs, CA
How much do homes in Desert Hot Springs, CA cost?
Housing Market Conditions
Is Desert Hot Springs, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Desert Hot Springs is a Buyer's Market
Difference Since December 2023
At the same time last year, Desert Hot Springs was a Seller's Market.
Desert Hot Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Desert Hot Springs have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Desert Hot Springs was $398,583 in December 2024, up 3.5% from last year, and the median price per square foot was $253.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $119K | $108K | -9.2% |
22 Bedrooms | $310K | $315K | +1.6% |
33 Bedrooms | $387.6K | $400K | +3.2% |
44 Bedrooms | $442.5K | $450K | +1.7% |
55+ Bedrooms | $500K | $550K | +10.0% |
Summary: Desert Hot Springs housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -9.2%. The home price for 2 bedroom homes increased by +1.6%. The home price for 3 bedroom homes increased by +3.2%. The home price for 4 bedroom homes increased by +1.7%. The home price for 5 bedroom homes increased by +10.0%.
Housing supply in Desert Hot Springs, CA
How many homes are available in Desert Hot Springs, CA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
270Last MonthDec 2024 | ||
2692 months agoNov 2024 | 0.4 % Change MoMNov – Dec |
Summary: The Desert Hot Springs real estate market had 270 homes for sale in Dec 2024, a .4 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
38Last MonthDec 2024 | ||
302 months agoNov 2024 | +26.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 8 | 7 | -12.5% |
22 Bedrooms | 30 | 35 | +16.7% |
33 Bedrooms | 154 | 158 | +2.6% |
44 Bedrooms | 57 | 51 | -10.5% |
55+ Bedrooms | 20 | 19 | -5.0% |
Summary: Desert Hot Springs housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -12.5%. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes increased by +2.6%. The inventory for 4 bedroom homes decreased by -10.5%. The inventory for 5 bedroom homes decreased by -5.0%.
Asking Price vs. Sold Price
How much do homes in Desert Hot Springs, CA cost?
Over Asking Price7 Homes
At Asking Price5 Homes
Under Asking Price26 Homes
If you're buying a home in Desert Hot Springs, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Desert Hot Springs in December 2024, up by 26.7% month-over-month. Of the 38 sold homes, 68% were sold under asking, 13% were sold at asking, and and 18% were sold over asking.
Days on Market for Desert Hot Springs, CA
How long does it take to sell a home in Desert Hot Springs, CA?
Breakdown of Home Sale Times
Under 30 Days11 Homes
30 – 90 Days23 Homes
Over 90 Days4 Homes
Avg time on Rocket Homes in Desert Hot Springs has remained consistent over time.
Summary: During December 2024, 38 homes were sold in Desert Hot Springs; 29% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
57 DaysThis YearDec 2024 | ||
37 Days1 year agoDec 2023 | +52.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Desert Hot Springs had an average listing age of 57 days in Dec 2024, up by 52.2% compared to the previous year.
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Newest Listings in Desert Hot Springs, CA
What homes are available in Desert Hot Springs, CA?
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, and Greater Antelope Valley MLS for the period 01/01/2023 - 01/01/2025
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 Greater Antelope Valley Association of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:16:12 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.