Palm Desert Market Report
$882,796
AVERAGE PRICE OF 952 HOMES$403,364
AVERAGE PRICE OF 7 DISTRESSED HOMES$2,340,161
AVERAGE PRICE OF 175 MULTI-MILLION DOLLAR HOMES$1,460,534
AVERAGE PRICE OF 37 NEWLY BUILT HOMES$950,643
AVERAGE PRICE OF 602 HOMES WITH A POOL$727,298
AVERAGE PRICE OF 31 REDUCED PRICE HOMESAverage Home
| Average Price | $882,796 |
| Avg Bedrooms | 2.61 beds |
| Avg Bathrooms | 2.56 baths |
Average Price by Bedrooms
| 1 bedroom | $448,388 |
| 2 bedrooms | $495,868 |
| 3 bedrooms | $784,568 |
| 4 bedrooms | $1,594,937 |
| 5 bedrooms | $2,502,319 |
Palm Desert Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 900 | 798 | 690 | 656 | 748 |
| Average Price | $863,101 | $821,304 | $766,972 | $787,917 | $816,104 |
| Avg Price Change | +5.09% | +7.08% | -2.73% | -3.58% | -8.74% |
| Median Price | $594,933 | $581,250 | $572,711 | $573,425 | $596,360 |
| Med Price Change | +2.35% | +1.49% | -0.12% | -4.00% | -0.49% |
| Avg Bedrooms | 2.6 beds | 2.57 beds | 2.55 beds | 2.51 beds | 2.56 beds |
| Avg Bathrooms | 2.56 baths | 2.48 baths | 2.45 baths | 2.43 baths | 2.5 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Palm Desert | 88 | $761,663 | 58 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 952 | $882,796 | 73 days |
| Distressed Homes | 7 | $403,364 | 30 days |
| Multi-Million Dollar Homes | 175 | $2,340,161 | 68 days |
| Newly Built Homes | 37 | $1,460,534 | 94 days |
| Homes with a Pool | 602 | $950,643 | 70 days |
| Reduced Price Homes | 31 | $727,298 | 72 days |
