Kevin Stern / Town Real Estate

La Quinta, CA

Single-Family Homes

www.TownCA.com | 760-250-1977 | kevin@kevinstern.com | CalDRE #01376548



La Quinta, CA

Sat Feb 04 2023
This week the median list price for La Quinta, CA is $995,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 259. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

La Quinta, CA

Sat Feb 04 2023
This week the median list price for La Quinta, CA is $995,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 259. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the La Quinta market.
Median List Price $995,000
Median Price of New Listings $779,000
Per Square Foot $423
Average Days on Market 84
Median Days on Market 70
Price Decreased 38%
Price Increased 2%
Relisted 11%
Inventory 259
Median Rent
Market Action 33
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of 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
$3,845,000 4,822 0.25 - 0.5 acre 4 4.5 17 7 2 70
$1,475,080 3,000 0.25 - 0.5 acre 3 3.5 21 9 7 70
$775,000 2,179 8,000 - 10,000 sqft 3 3 20 10 6 56
$570,000 1,551 4,500 - 6,500 sqft 3 2 26 17 11 70