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Palm Desert Market Report

$793,475

AVERAGE PRICE OF 630 HOMES

$344,745

AVERAGE PRICE OF 11 DISTRESSED HOMES

$2,957,793

AVERAGE PRICE OF 85 MULTI-MILLION DOLLAR HOMES

$871,057

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$921,097

AVERAGE PRICE OF 452 HOMES WITH A POOL

$512,231

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $793,475
Avg Bedrooms 2.76 beds
Avg Bathrooms 2.88 baths

Average Price by Bedrooms

1 bedroom $243,439
2 bedrooms $379,721
3 bedrooms $662,283
4 bedrooms $1,927,489
5 bedrooms $3,415,127
Palm Desert Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 768 820 835 834 847
Average Price $742,510 $707,361 $654,521 $631,041 $612,211
Avg Price Change +4.97% +8.07% +3.72% +3.08% -0.53%
Median Price $441,286 $437,998 $426,893 $417,836 $424,127
Med Price Change +0.75% +2.60% +2.17% -1.51% +0.63%
Avg Bedrooms 2.73 beds 2.73 beds 2.72 beds 2.72 beds 2.75 beds
Avg Bathrooms 2.83 baths 3.35 baths 2.76 baths 2.77 baths 2.8 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Laqui 1 $340,000 11 days
Other 1 $395,500 310 days
Paldes 100 $672,574 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 630 $793,475 91 days
Distressed Homes 11 $344,745 53 days
Multi-Million Dollar Homes 85 $2,957,793 108 days
Newly Built Homes 10 $871,057 143 days
Homes with a Pool 452 $921,097 94 days
Reduced Price Homes 28 $512,231 65 days
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 January 15, 2021. 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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