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Palm Desert Market Report

$661,383

AVERAGE PRICE OF 824 HOMES

$263,250

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,646,899

AVERAGE PRICE OF 82 MULTI-MILLION DOLLAR HOMES

$1,280,930

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$737,186

AVERAGE PRICE OF 596 HOMES WITH A POOL

$438,327

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $661,383
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $213,204
2 bedrooms $356,875
3 bedrooms $602,931
4 bedrooms $1,445,794
5 bedrooms $3,102,828
Palm Desert Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 834 847 869 890 870
Average Price $631,041 $612,211 $615,454 $667,853 $702,566
Avg Price Change +3.08% -0.53% -8.51% -5.20% +0.28%
Median Price $417,836 $424,127 $421,487 $427,778 $432,489
Med Price Change -1.51% +0.63% -1.49% -1.10% +1.10%
Avg Bedrooms 2.72 beds 2.75 beds 2.77 beds 2.8 beds 2.82 beds
Avg Bathrooms 2.77 baths 2.8 baths 2.82 baths 2.85 baths 2.88 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Other 1 $396,295 227 days
Paldes 110 $622,226 64 days
Ranmir 3 $635,000 31 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 824 $661,383 84 days
Distressed Homes 4 $263,250 47 days
Multi-Million Dollar Homes 82 $2,646,899 112 days
Newly Built Homes 26 $1,280,930 108 days
Homes with a Pool 596 $737,186 88 days
Reduced Price Homes 37 $438,327 76 days
Royale Real Estate
Gabriel Franco
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 October 24, 2020. 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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