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Palm Desert Market Report

$792,202

AVERAGE PRICE OF 1,224 HOMES

$382,913

AVERAGE PRICE OF 15 DISTRESSED HOMES

$2,284,273

AVERAGE PRICE OF 172 MULTI-MILLION DOLLAR HOMES

$1,022,572

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$859,249

AVERAGE PRICE OF 779 HOMES WITH A POOL

$773,785

AVERAGE PRICE OF 80 REDUCED PRICE HOMES

Average Home

Average Price $792,202
Avg Bedrooms 2.56 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $278,041
2 bedrooms $493,166
3 bedrooms $775,056
4 bedrooms $1,481,205
5 bedrooms $1,896,358
Palm Desert Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 508 1,005 943 957 944
Average Price $847,136 $804,449 $794,441 $823,907 $799,811
Avg Price Change +5.31% +1.26% -3.71% +3.01% n/a
Median Price $575,160 $582,014 $583,854 $597,996 $599,083
Med Price Change -1.19% -0.32% -2.42% -0.18% n/a
Avg Bedrooms 2.56 beds 2.6 beds 2.58 beds 2.57 beds 2.57 beds
Avg Bathrooms 2.45 baths 2.49 baths 2.47 baths 2.44 baths 2.45 baths
Home Price by High School
School Name Total Homes Average Price
Palm Desert 120 $717,727
Rancho Mirage 3 $784,750
Shadow Hills 1 $498,000
Summit 4 $832,500
Home Price by House Size
Total Homes Average Price
All Homes 1,224 $792,202
Distressed Homes 15 $382,913
Multi-Million Dollar Homes 172 $2,284,273
Newly Built Homes 63 $1,022,572
Homes with a Pool 779 $859,249
Reduced Price Homes 80 $773,785
The Desert Life Realty
Nicole Smith
77570 Springfield Ln. Ste. M
Palm Desert, CA 92211
760-296-0241
DRE# 01224835

Based on information from California Regional Multiple Listing Service, Inc. as of December 9, 2022. 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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