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Palm Desert Market Report

$728,558

AVERAGE PRICE OF 799 HOMES

$362,250

AVERAGE PRICE OF 8 DISTRESSED HOMES

$2,857,374

AVERAGE PRICE OF 93 MULTI-MILLION DOLLAR HOMES

$1,153,919

AVERAGE PRICE OF 22 NEWLY BUILT HOMES

$825,974

AVERAGE PRICE OF 579 HOMES WITH A POOL

$822,785

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $728,558
Avg Bedrooms 2.74 beds
Avg Bathrooms 2.81 baths

Average Price by Bedrooms

1 bedroom $221,934
2 bedrooms $377,957
3 bedrooms $621,102
4 bedrooms $1,696,459
5 bedrooms $3,288,945
Palm Desert Home Price Trends
  11/2020 10/2020 9/2020 8/2020 7/2020
Total Listings 820 835 834 847 869
Average Price $707,361 $654,521 $631,041 $612,211 $615,454
Avg Price Change +8.07% +3.72% +3.08% -0.53% -8.51%
Median Price $437,998 $426,893 $417,836 $424,127 $421,487
Med Price Change +2.60% +2.17% -1.51% +0.63% -1.49%
Avg Bedrooms 2.73 beds 2.72 beds 2.72 beds 2.75 beds 2.77 beds
Avg Bathrooms 3.35 baths 2.76 baths 2.77 baths 2.8 baths 2.82 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Other 1 $395,750 269 days
Paldes 123 $674,582 76 days
Ranmir 1 $615,000 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 799 $728,558 86 days
Distressed Homes 8 $362,250 37 days
Multi-Million Dollar Homes 93 $2,857,374 106 days
Newly Built Homes 22 $1,153,919 130 days
Homes with a Pool 579 $825,974 88 days
Reduced Price Homes 27 $822,785 69 days
THE TRACY SCOTT GROUP | PACIFIC SOTHEBY’S INTERNATIONAL REALTY
Tracy Scott
74-890 CA-111
Indian Wells, CA 92210
760-840-7441
DRE# 00957686

Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. DRE #01767484
Based on information from California Regional Multiple Listing Service, Inc. as of December 5, 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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