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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

$778,712

AVERAGE PRICE OF 571 HOMES

$294,666

AVERAGE PRICE OF 3 DISTRESSED HOMES

$3,176,886

AVERAGE PRICE OF 70 MULTI-MILLION DOLLAR HOMES

$924,677

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$956,446

AVERAGE PRICE OF 330 HOMES WITH A POOL

$635,060

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $778,712
Avg Bedrooms 2.57 beds
Avg Bathrooms 2.51 baths

Average Price by Bedrooms

1 bedroom $296,498
2 bedrooms $353,502
3 bedrooms $665,037
4 bedrooms $1,943,933
5 bedrooms $2,381,018
Palm Desert Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 655 626 n/a n/a n/a
Average Price $790,857 $825,939 n/a n/a n/a
Avg Price Change -4.44% n/a n/a n/a n/a
Median Price $438,016 $434,000 n/a n/a n/a
Med Price Change +0.93% n/a n/a n/a n/a
Avg Bedrooms 2.52 beds 2.47 beds n/a n/a n/a
Avg Bathrooms 2.57 baths 2.51 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Other 1 $598,000 50 days
Palm Desert 43 $838,547 28 days
Rancho Mirage 1 $795,000 15 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 571 $778,712 30 days
Distressed Homes 3 $294,666 33 days
Multi-Million Dollar Homes 70 $3,176,886 39 days
Newly Built Homes 10 $924,677 44 days
Homes with a Pool 330 $956,446 30 days
Reduced Price Homes 14 $635,060 31 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 May 16, 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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