Cathi & Ben Walter's Market Report

La Quinta, CA 92253

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



La Quinta, CA 92253

Thu Jan 28 2021
This week the median list price for La Quinta, CA 92253 is $860,000 with the market action index hovering around 47. This is an increase over last month's market action index of 44. Inventory has held steady at or around 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

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

Thu Jan 28 2021
This week the median list price for La Quinta, CA 92253 is $860,000 with the market action index hovering around 47. This is an increase over last month's market action index of 44. Inventory has held steady at or around 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

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 $860,000
Per Square Foot $313
Days on Market 144
Price Decreased 21%
Price Increased 8%
Relisted 9%
Inventory 208
Median Rent $7,000
Most Expensive $14,500,000
Least Expensive $72,000
Market Action 47
Strong Seller's Market

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
$2,995,000 5,272 0.5 - 1 acre 4 4 16 4 9 216
$1,225,000 3,674 0.25 - 0.5 acre 4 3 18 5 10 148
$682,000 2,549 8,000 - 10,000 sqft 3 3 18 11 9 138
$399,450 1,764 4,500 - 6,500 sqft 3 2 21 13 17 72