The Munselle Group

La Quinta, CA 92253

Single-Family Homes

www.themunsellegroup.com| 760-772-2411



La Quinta, CA 92253

Fri May 29 2020
This week the median list price for La Quinta, CA 92253 is $799,974 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 444. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

La Quinta, CA 92253

Fri May 29 2020
This week the median list price for La Quinta, CA 92253 is $799,974 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 444. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the La Quinta market.
Median List Price $799,974
Per Square Foot $278
Days on Market 198
Price Decreased 36%
Price Increased 2%
Relisted 13%
Inventory 444
Median Rent $2,975
Most Expensive $6,950,000
Least Expensive $82,000
Market Action 33
Slight Seller's Advantage

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
$2,225,000 4,760 0.25 - 0.5 acre 4 4 14 4 5 278
$910,000 3,265 0.25 - 0.5 acre 3 3 18 11 9 215
$649,500 2,596 8,000 - 10,000 sqft 3 3 18 5 13 179
$399,900 1,823 4,500 - 6,500 sqft 3 2 26 11 15 120