What's Happening in Your Area?

La Quinta, CA

Condos/Townhomes

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La Quinta, CA

Sun Aug 01 2021
This week the median list price for La Quinta, CA is $498,000 with the market action index hovering around 76. This is less than last month's market action index of 82. Inventory has held steady at or around 23. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

La Quinta, CA

Sun Aug 01 2021
This week the median list price for La Quinta, CA is $498,000 with the market action index hovering around 76. This is less than last month's market action index of 82. Inventory has held steady at or around 23. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the La Quinta market.
Median List Price $498,000
Median Price of New Listings $269,000
Per Square Foot $366
Average Days on Market 22
Median Days on Market 7
Price Decreased 9%
Price Increased 0%
Relisted 17%
Inventory 23
Median Rent $5,000
Market Action 76
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$919,000 2,272 0 - 4,500 sqft 3 4 35 0 2 21
$529,500 1,627 0 - 4,500 sqft 3 2 32 1 3 10
$489,500 1,447 0 - 4,500 sqft 2 2 32 1 1 21
$268,944 682 0 - 4,500 sqft 1 1 18 3 0 0