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Palm Desert Market Report

$897,845

AVERAGE PRICE OF 869 HOMES

$354,180

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,449,368

AVERAGE PRICE OF 157 MULTI-MILLION DOLLAR HOMES

$1,114,160

AVERAGE PRICE OF 36 NEWLY BUILT HOMES

$1,029,909

AVERAGE PRICE OF 544 HOMES WITH A POOL

$887,179

AVERAGE PRICE OF 60 REDUCED PRICE HOMES

Average Home

Average Price $897,845
Avg Bedrooms 2.64 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $338,772
2 bedrooms $494,308
3 bedrooms $791,340
4 bedrooms $1,701,785
5 bedrooms $3,270,416
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 81 $844,376 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 869 $897,845 72 days
Distressed Homes 5 $354,180 89 days
Multi-Million Dollar Homes 157 $2,449,368 82 days
Newly Built Homes 36 $1,114,160 66 days
Homes with a Pool 544 $1,029,909 66 days
Reduced Price Homes 60 $887,179 55 days
Sheri Dettman & Associates
Sheri Dettman
47100 Washington St., Suite 204
La Quinta, CA 92253
760-668-2838
DRE# CalBRE #1753976


United American Mortgage Corporation
Dean Rathbun
888-455-2847
NMLS #98516

Based on information from California Regional Multiple Listing Service, Inc. as of April 16, 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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