Desert Hot Springs Real Estate: A Buyer’s Market This July
By Gregory Manns, Palm Springs Area Realtor, Palm Springs Area Realtor with HomeSmart Elite
(HomeSmart Elite Group - Palm Springs / La Quinta, CA)
The Desert Hot Springs real estate market in July 2025 is leaning in favor of buyers, creating opportunities for those looking to purchase a home in this desert community.The median home sale price was $397,000, reflecting a modest 0.73% decrease from last year. On average, homes are taking about 74 days to sell, giving buyers more time to explore options without the pressure of a fast-moving market. While the market is considered somewhat competitive—with homes receiving about one offer each—buyers can still find room to negotiate.Interestingly, homes are still selling for about 2% above list price, showing that desirable properties can attract strong interest. However, the higher overall supply of homes compared to demand has shifted conditions toward a buyer’s market, making it a fav...
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