The Munselle Group's Market Report

La Quinta, CA 92253

Single-Family Homes

Compass | www.themunsellegroup.com| 760-772-2411



La Quinta, CA 92253

Sat Mar 02 2024
This week the median list price for La Quinta, CA 92253 is $1,130,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 263. 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.

Slight Seller's Advantage

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

La Quinta, CA 92253

Sat Mar 02 2024
This week the median list price for La Quinta, CA 92253 is $1,130,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 263. 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.

Slight Seller's Advantage

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the La Quinta market.
Median List Price $1,130,000
Median Price of New Listings $1,027,100
Per Square Foot $453
Average Days on Market 87
Median Days on Market 49
Price Decreased 35%
Price Increased 3%
Relisted 14%
Inventory 263
Median Rent
Market Action 35
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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 4,415 0.25 - 0.5 acre 4 4.5 18 9 1 84
$1,449,950 2,874 0.25 - 0.5 acre 3 3.5 21 11 11 38
$872,995 2,341 8,000 - 10,000 sqft 3 3 21 13 8 49
$639,950 1,750 4,500 - 6,500 sqft 3 2 27 11 6 35