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Palm Desert Market Report

$901,087

AVERAGE PRICE OF 878 HOMES

$354,180

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,470,795

AVERAGE PRICE OF 157 MULTI-MILLION DOLLAR HOMES

$1,098,110

AVERAGE PRICE OF 38 NEWLY BUILT HOMES

$1,023,674

AVERAGE PRICE OF 551 HOMES WITH A POOL

$845,508

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $901,087
Avg Bedrooms 2.64 beds
Avg Bathrooms 2.59 baths

Average Price by Bedrooms

1 bedroom $328,150
2 bedrooms $493,907
3 bedrooms $789,072
4 bedrooms $1,691,933
5 bedrooms $3,256,954
Palm Desert Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 870 781 761 706 690
Average Price $914,429 $900,873 $907,985 $886,854 $883,985
Avg Price Change +1.50% -0.79% +2.38% +0.32% +6.48%
Median Price $601,750 $599,000 $599,000 $578,800 $576,979
Med Price Change +0.46% 0.00% +3.49% +0.32% +1.25%
Avg Bedrooms 2.64 beds 2.59 beds 2.58 beds 2.58 beds 2.55 beds
Avg Bathrooms 2.61 baths 2.6 baths 2.59 baths 2.61 baths 2.58 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Desert 84 $845,209 52 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 878 $901,087 71 days
Distressed Homes 5 $354,180 94 days
Multi-Million Dollar Homes 157 $2,470,795 86 days
Newly Built Homes 38 $1,098,110 63 days
Homes with a Pool 551 $1,023,674 66 days
Reduced Price Homes 57 $845,508 65 days
Royale Real Estate
78080 Calle Estado Ste 101
La Quinta, CA 92253
760-776-3200
DRE# 01443897

Based on information from California Regional Multiple Listing Service, Inc. as of April 21, 2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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