Palm Desert Market Report
$941,862
AVERAGE PRICE OF 547 HOMES$353,500
AVERAGE PRICE OF 2 DISTRESSED HOMES$2,375,441
AVERAGE PRICE OF 120 MULTI-MILLION DOLLAR HOMES$1,138,544
AVERAGE PRICE OF 16 NEWLY BUILT HOMES$1,030,664
AVERAGE PRICE OF 372 HOMES WITH A POOL$585,680
AVERAGE PRICE OF 31 REDUCED PRICE HOMESAverage Home
| Average Price | $941,862 |
| Avg Bedrooms | 2.63 beds |
| Avg Bathrooms | 2.58 baths |
Average Price by Bedrooms
| 1 bedroom | $342,333 |
| 2 bedrooms | $493,765 |
| 3 bedrooms | $839,464 |
| 4 bedrooms | $2,380,966 |
| 5 bedrooms | $1,886,919 |
Palm Desert Home Price Trends
| 11/2023 | 10/2023 | 9/2023 | 8/2023 | 7/2023 | |
|---|---|---|---|---|---|
| Total Listings | 529 | 446 | 369 | 365 | 419 |
| Average Price | $922,075 | $849,679 | $819,403 | $804,293 | $822,495 |
| Avg Price Change | +8.52% | +3.69% | +1.88% | -2.26% | -4.19% |
| Median Price | $587,255 | $569,776 | $549,088 | $550,350 | $565,290 |
| Med Price Change | +3.07% | +3.77% | -0.23% | -2.71% | -2.20% |
| Avg Bedrooms | 2.6 beds | 2.57 beds | 2.55 beds | 2.61 beds | 2.58 beds |
| Avg Bathrooms | 2.57 baths | 2.52 baths | 2.48 baths | 2.53 baths | 2.53 baths |
Home Price by High School
| School Name | Total Homes | Average Price |
|---|---|---|
| Palm Desert | 45 | $830,406 |
| Rancho Mirage | 1 | $712,500 |
Home Price by House Size
| Total Homes | Average Price | |
|---|---|---|
| All Homes | 547 | $941,862 |
| Distressed Homes | 2 | $353,500 |
| Multi-Million Dollar Homes | 120 | $2,375,441 |
| Newly Built Homes | 16 | $1,138,544 |
| Homes with a Pool | 372 | $1,030,664 |
| Reduced Price Homes | 31 | $585,680 |
