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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

$976,313

AVERAGE PRICE OF 428 HOMES

$439,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$3,227,169

AVERAGE PRICE OF 73 MULTI-MILLION DOLLAR HOMES

$2,795,250

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$1,167,196

AVERAGE PRICE OF 263 HOMES WITH A POOL

$803,750

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $976,313
Avg Bedrooms 2.65 beds
Avg Bathrooms 2.61 baths

Average Price by Bedrooms

1 bedroom $341,966
2 bedrooms $415,450
3 bedrooms $661,639
4 bedrooms $1,400,160
5 bedrooms $3,533,242
Palm Desert Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 491 458 467 480
Average Price n/a $761,124 $773,989 $819,903 $828,472
Avg Price Change n/a -1.69% -5.93% -1.05% -2.68%
Median Price n/a $525,822 $500,059 $488,981 $459,416
Med Price Change n/a +5.15% +2.27% +6.44% +2.20%
Avg Bedrooms n/a 2.62 beds 2.57 beds 2.54 beds 2.52 beds
Avg Bathrooms n/a 2.47 baths 2.48 baths 2.49 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Desert 48 $635,029 48 days
Rancho Mirage 2 $627,450 7 days
San Clemente 1 $478,600 39 days
Shadow Hills 1 $529,900 166 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 428 $976,313 59 days
Distressed Homes 3 $439,000 50 days
Multi-Million Dollar Homes 73 $3,227,169 84 days
Newly Built Homes 8 $2,795,250 154 days
Homes with a Pool 263 $1,167,196 52 days
Reduced Price Homes 8 $803,750 54 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 8, 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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