Desert Hot Springs, CA

Desert Hot Springs is a small town located in Riverside County, California. The population of the town was just over 2,000 as of the 2010 census. Desert Hot Springs is known for its natural hot springs and its resort-style hotels and resorts. The town is also home to a number of high-end real estate properties.

The real estate market in Desert Hot Springs is characterized by a high level of demand and low levels of inventory. This has resulted in prices for homes and condos reaching record highs, with some properties selling for over $2 million. In addition, there are a number of luxury villas available for sale in the area, which can cost upwards of $10 million.

One reason why the real estate market in Desert Hot Springs is so strong is that it offers residents access to some of the best natural hot springs in California. These springs are often used by celebrities and other wealthy individuals who want to escape from the hustle and bustle of city life. Additionally, many people living in Desert Hot Springs are retired military personnel or people who work at nearby businesses such as Lockheed Martin or General Dynamics Land Systems. Because these residents have money to spend, they are likely to be interested in buying property in Desert Hot Springs regardless of the current market conditions.

However, despite the strong demand for housing stock in Desert Hot Springs, there are still a number of available properties that can be purchased at reasonable prices. In addition, because there is limited inventory available, buyers who are able to negotiate well may be able to purchase property at below-market rates.