Cathi & Ben Walter's Market Report

La Quinta, CA 92253

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



La Quinta, CA 92253

Tue Jul 05 2022
This week the median list price for La Quinta, CA 92253 is $850,000 with the market action index hovering around 49. This is less than last month's market action index of 57. Inventory has increased to 208. Click here to stay informed with the La Quinta market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

La Quinta, CA 92253

Tue Jul 05 2022
This week the median list price for La Quinta, CA 92253 is $850,000 with the market action index hovering around 49. This is less than last month's market action index of 57. Inventory has increased to 208. Click here to stay informed with the La Quinta market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the La Quinta market.
Median List Price $850,000
Median Price of New Listings $762,500
Per Square Foot $412
Average Days on Market 42
Median Days on Market 28
Price Decreased 44%
Price Increased 1%
Relisted 6%
Inventory 208
Median Rent
Market Action 49
Strong Seller's Market

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,981,500 4,296 0.25 - 0.5 acre 4 4.5 17 3 5 31
$1,100,000 2,592 8,000 - 10,000 sqft 3 3 22 5 5 28
$750,000 2,035 8,000 - 10,000 sqft 3 2 25 12 7 28
$559,950 1,605 4,500 - 6,500 sqft 3 2 29 8 7 21