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Palm Desert Market Report

$1,014,983

AVERAGE PRICE OF 353 HOMES

$332,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,953,025

AVERAGE PRICE OF 74 MULTI-MILLION DOLLAR HOMES

$2,273,539

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$1,221,113

AVERAGE PRICE OF 204 HOMES WITH A POOL

$808,250

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $1,014,983
Avg Bedrooms 2.52 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $309,360
2 bedrooms $423,668
3 bedrooms $754,905
4 bedrooms $1,867,200
5 bedrooms $4,738,445
Palm Desert Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 402 n/a 491 458 467
Average Price $991,308 n/a $761,124 $773,989 $819,903
Avg Price Change n/a n/a -1.69% -5.93% -1.05%
Median Price $521,579 n/a $525,822 $500,059 $488,981
Med Price Change n/a n/a +5.15% +2.27% +6.44%
Avg Bedrooms 2.61 beds n/a 2.62 beds 2.57 beds 2.54 beds
Avg Bathrooms 2.58 baths n/a 2.47 baths 2.48 baths 2.49 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Desert 32 $776,009 45 days
Rancho Mirage 2 $839,500 3 days
Shadow Hills 1 $371,000 n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 353 $1,014,983 60 days
Distressed Homes 2 $332,500 68 days
Multi-Million Dollar Homes 74 $2,953,025 88 days
Newly Built Homes 13 $2,273,539 94 days
Homes with a Pool 204 $1,221,113 58 days
Reduced Price Homes 4 $808,250 51 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 January 27, 2022. 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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