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Palm Desert Market Report

$766,112

AVERAGE PRICE OF 564 HOMES

$273,728

AVERAGE PRICE OF 8 DISTRESSED HOMES

$2,700,999

AVERAGE PRICE OF 74 MULTI-MILLION DOLLAR HOMES

$566,674

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$884,953

AVERAGE PRICE OF 397 HOMES WITH A POOL

$931,665

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $766,112
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.86 baths

Average Price by Bedrooms

1 bedroom $221,972
2 bedrooms $389,419
3 bedrooms $637,282
4 bedrooms $1,707,613
5 bedrooms $2,206,550
Palm Desert Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings 550 639 768 820 835
Average Price $807,663 $795,752 $742,510 $707,361 $654,521
Avg Price Change +1.50% +7.17% +4.97% +8.07% +3.72%
Median Price $456,855 $450,086 $441,286 $437,998 $426,893
Med Price Change +1.50% +1.99% +0.75% +2.60% +2.17%
Avg Bedrooms 2.82 beds 2.77 beds 2.73 beds 2.73 beds 2.72 beds
Avg Bathrooms 3.57 baths 3.46 baths 2.83 baths 3.35 baths 2.76 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Other 1 $598,000 4 days
Paldes 66 $763,333 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 564 $766,112 70 days
Distressed Homes 8 $273,728 54 days
Multi-Million Dollar Homes 74 $2,700,999 101 days
Newly Built Homes 11 $566,674 72 days
Homes with a Pool 397 $884,953 72 days
Reduced Price Homes 12 $931,665 59 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

Fair Housing/Equal Opportunity
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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 #01527319
Based on information from California Regional Multiple Listing Service, Inc. as of March 7, 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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