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Palm Desert

Why you'd want to live in Palm Desert

Palm Desert is one of the most desired cities in the Coachella Valley, approximately 14 miles east of Palm Springs. Home to the “Rodeo Drive” of the desert, El Paseo shopping district. Featuring over 20 great dining options such as Mastro’s Steakhouse, Wolfgang Puck Kitchen + Bar, Sullivan’s Steakhouse, Pacifica Seafood Restaurant, and Tommy Bahama Restaurant and Bar. Luxury shopping from Gucci, Saks Fifth Avenue, Louis Vuitton, St. John, Ralph Lauren, and Bottega Veneta. Visitors and locals will find some of the greatest public golf at Desert Willow Golf Resort and the Classic Club. Homeowners and club members will have access to private courses at BIGHORN Golf Club and Ironwood Country Club. Palm Desert is known for its tourism but is also a huge family community. Palm Desert has some of the best private schools in the valley, Valley Christian Academy, Sacred Heart, Xavier College Prep and more. Palm Desert is also home to 4 colleges and universities. Whether you’re a family who lives here year round or a tourist coming to enjoy the weather, Palm Desert is known for some fantastic family fun hotels.

Palm Desert Market Report

$724,600

AVERAGE PRICE OF 788 HOMES

$307,583

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,841,842

AVERAGE PRICE OF 90 MULTI-MILLION DOLLAR HOMES

$1,111,259

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$821,382

AVERAGE PRICE OF 567 HOMES WITH A POOL

$621,221

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

Average Home

Average Price $724,600
Avg Bedrooms 2.74 beds
Avg Bathrooms 2.82 baths

Average Price by Bedrooms

1 bedroom $222,077
2 bedrooms $377,638
3 bedrooms $626,353
4 bedrooms $1,714,722
5 bedrooms $3,064,363
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 $395,800 265 days
Paldes 118 $662,284 80 days
Ranmir 2 $665,000 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 788 $724,600 87 days
Distressed Homes 6 $307,583 45 days
Multi-Million Dollar Homes 90 $2,841,842 109 days
Newly Built Homes 24 $1,111,259 123 days
Homes with a Pool 567 $821,382 90 days
Reduced Price Homes 28 $621,221 73 days
Compass | Canavan Coit & Associates
74199 El Paseo
Palm Desert, CA 92260
760-835-1006
DRE# 00956865
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Based on information from California Regional Multiple Listing Service, Inc. as of December 1, 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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