Cathi & Ben Walter's Market Report

La Quinta, CA 92253

Single-Family Homes

www.DesertAreaHomeFinder.com | 760-218-5752 | Cathi@DesertAreaHomeFinder.com



La Quinta, CA 92253

Wed Jul 17 2019
This week the median list price for La Quinta, CA 92253 is $699,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 462. Click here to stay informed with the La Quinta market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

La Quinta, CA 92253

Wed Jul 17 2019
This week the median list price for La Quinta, CA 92253 is $699,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 462. Click here to stay informed with the La Quinta market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the La Quinta market.
Median List Price $699,000
Per Square Foot $258
Days on Market 191
Price Decreased 37%
Price Increased 2%
Relisted 13%
Inventory 462
Median House Rent $3,850
Most Expensive $8,950,000
Least Expensive $174,900
Market Action Index
Slight Seller's Advantage
32

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$2,175,000 4,760 0.25 - 0.5 acre 4 4 14 0 7 278
$850,000 3,020 0.25 - 0.5 acre 3 3 17 1 6 224
$552,500 2,434 8,000 - 10,000 sqft 3 3 17 5 7 159
$369,000 1,665 4,500 - 6,500 sqft 3 2 20 7 8 105