If you need assistance, please call 760-359-2414

Palm Desert

Why you'd want to live in Palm Desert

Palm Desert is a city in California's Coachella Valley, near Palm Springs. It’s home to country clubs, golf courses and shops. In the center, The Shops on El Paseo feature designer boutiques, plus restaurants and art galleries. The Living Desert Zoo & Gardens shelters desert-dwelling wildlife, including cheetahs and camels, from around the world. Shows at the McCallum Theatre span music, comedy, dance and drama.

Palm Desert Market Report

$843,853

AVERAGE PRICE OF 1,173 HOMES

$395,240

AVERAGE PRICE OF 16 DISTRESSED HOMES

$2,188,202

AVERAGE PRICE OF 216 MULTI-MILLION DOLLAR HOMES

$1,130,322

AVERAGE PRICE OF 57 NEWLY BUILT HOMES

$900,023

AVERAGE PRICE OF 781 HOMES WITH A POOL

$822,723

AVERAGE PRICE OF 62 REDUCED PRICE HOMES

Average Home

Average Price $843,853
Avg Bedrooms 2.6 beds
Avg Bathrooms 2.56 baths

Average Price by Bedrooms

1 bedroom $368,613
2 bedrooms $465,075
3 bedrooms $837,434
4 bedrooms $1,702,718
5 bedrooms $1,609,621
Palm Desert Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 1,246 1,371 1,351 1,315 1,168
Average Price $886,754 $874,201 $840,923 $828,225 $803,011
Avg Price Change +1.44% +3.96% +1.53% +3.14% +2.17%
Median Price $573,356 $575,382 $579,156 $593,879 $572,190
Med Price Change -0.35% -0.66% -2.54% +3.79% +1.20%
Avg Bedrooms 2.57 beds 2.58 beds 2.61 beds 2.63 beds 2.58 beds
Avg Bathrooms 2.54 baths 2.55 baths 2.56 baths 2.56 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price
Desert Hot Springs 1 $975,000
Palm Desert 130 $790,495
Rancho Mirage 2 $1,050,000
Shadow Hills 1 $675,000
Summit 4 $537,500
Home Price by House Size
Total Homes Average Price
All Homes 1,173 $843,853
Distressed Homes 16 $395,240
Multi-Million Dollar Homes 216 $2,188,202
Newly Built Homes 57 $1,130,322
Homes with a Pool 781 $900,023
Reduced Price Homes 62 $822,723
Compass
Joe Chung
830 N Palm Canyon Drive Suite 2
Palm Springs, CA 92262
760-359-2414
DRE# 01963102/01991628
Salomon Urquiza
760-567-4931
DRE# 02033661

Based on information from California Regional Multiple Listing Service, Inc. as of June 6, 2023. 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.
This site powered by CINC: www.cincpro.com