Fri Nov 22 2019
This week the median list price for Palm Desert, CA 92260 is $699,000 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has held steady at or around 139.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$699,000|
|Per Square Foot||$290|
|Days on Market||126|
|Slight Seller's Advantage|
Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,746,950||4,229||0.25 - 0.5 acre||4||4||20||1||9||165|
|$869,000||2,972||0.25 - 0.5 acre||3||3||37||2||1||143|
|$575,000||2,284||0.25 - 0.5 acre||4||3||41||3||5||100|
|$369,000||1,506||6,500 - 8,000 sqft||3||2||51||5||4||95|