The Munselle Group

La Quinta, CA 92253

Condos/Townhomes

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 $420,000 with the market action index hovering around 34. This is less than last month's market action index of 39. Inventory has held steady at or around 84. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $420,000 with the market action index hovering around 34. This is less than last month's market action index of 39. Inventory has held steady at or around 84. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $420,000
Per Square Foot $235
Days on Market 106
Price Decreased 30%
Price Increased 2%
Relisted 4%
Inventory 84
Median Rent $4,000
Most Expensive $1,050,000
Least Expensive $179,000
Market Action 34
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
$599,000 2,800 0 - 4,500 sqft 3 3 31 1 1 91
$489,000 2,151 0 - 4,500 sqft 3 3 29 0 1 141
$385,000 1,627 0 - 4,500 sqft 3 2 30 2 4 122
$230,000 1,288 0 - 4,500 sqft 2 2 30 0 3 69