Desert Hot Springs Real Estate Market Report

Executive Summary

DB
Dan Braun

The Desert Hot Springs, CA real estate market is currently classified as a buyer's market. The median asking price is $275K, down 25.1% over the past 30 days.

There are currently 207 active listings. 13 properties have sold in the past 90 days at a median sold price of $315K. Inventory has increased 30.2% compared to last month.

Currently, listings spend an average of 70 days on market and the average price per square foot is $210.

Detached properties make up the largest share of the Desert Hot Springs market at 92% of active listings with an average price of $447K. Condo listings follow at 8% (avg $240K).

Sales Activity & Absorption

Volume

0
Sold (30d)
13
Sold (90d)
70
Avg DOM
48
New (30d)

Market Signals

23
Price Cuts (30d)
16
New (7d)
23
Price Cuts
92.3%
List-to-Sale

48 new listings appeared in the past month, 23 sellers reduced their asking price.

Neighborhoods

AreaListingsAvg Price
MISSION LAKES20$351K
SKYBORNE7$413K
DILLION ESTATES7$200K
HACIENDA HEIGHTS5$444K
DESERT VIEW ESTATES5$312K
Avg 1 schools nearbyAvg 2 parks nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $275K, 20% down, 25yr amortization
$1,280/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Desert Hot Springs market currently has 207 active listings with a median price of $275K.

  • Prices declining (-25.1% in 30 days)
  • Slow-moving market (70 avg days on market)
  • Average price per square foot is $210
  • Sold properties averaged 48 days on market

For Buyers

With more inventory and less competition, buyers in Desert Hot Springs have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 16 new listings in the past week.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 23 listings have reduced their price in the past 30 days.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of June 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.