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Palm Desert Market Report

$811,128

AVERAGE PRICE OF 562 HOMES

$378,557

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,065,997

AVERAGE PRICE OF 96 MULTI-MILLION DOLLAR HOMES

$1,255,961

AVERAGE PRICE OF 20 NEWLY BUILT HOMES

$861,224

AVERAGE PRICE OF 367 HOMES WITH A POOL

$816,965

AVERAGE PRICE OF 31 REDUCED PRICE HOMES

Average Home

Average Price $811,128
Avg Bedrooms 2.6 beds
Avg Bathrooms 2.49 baths

Average Price by Bedrooms

1 bedroom $315,271
2 bedrooms $474,804
3 bedrooms $830,215
4 bedrooms $1,546,588
5 bedrooms $1,176,220
Palm Desert Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 513 516 508 427 404
Average Price $809,412 $791,813 $847,136 $821,039 $802,246
Avg Price Change +2.22% -6.99% +3.18% +2.34% -3.65%
Median Price $578,283 $569,261 $575,160 $589,986 $590,605
Med Price Change +1.58% -1.04% -2.58% -0.10% -1.48%
Avg Bedrooms 2.56 beds 2.52 beds 2.56 beds 2.56 beds 2.54 beds
Avg Bathrooms 2.45 baths 2.4 baths 2.45 baths 2.45 baths 2.45 baths
Home Price by High School
School Name Total Homes Average Price
Palm Desert 58 $779,280
Rancho Mirage 1 $880,000
Summit 1 $630,000
Home Price by House Size
Total Homes Average Price
All Homes 562 $811,128
Distressed Homes 7 $378,557
Multi-Million Dollar Homes 96 $2,065,997
Newly Built Homes 20 $1,255,961
Homes with a Pool 367 $861,224
Reduced Price Homes 31 $816,965