Your Current Local Market Report

La Quinta, CA

Single-Family Homes

Kevin Wahlstrom 760.250.8486| Mary O'Malley Hernandez 760.521.4623



La Quinta, CA

Sun Jul 14 2024
This week the median list price for La Quinta, CA is $929,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 292. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

La Quinta, CA

Sun Jul 14 2024
This week the median list price for La Quinta, CA is $929,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 292. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the La Quinta market.
Median List Price $929,000
Median Price of New Listings $779,000
Per Square Foot $430
Average Days on Market 84
Median Days on Market 56
Price Decreased 43%
Price Increased 2%
Relisted 13%
Inventory 292
Median Rent
Market Action 35
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,495,000 4,363 0.25 - 0.5 acre 4 4.5 17 6 5 56
$1,249,000 2,726 0.25 - 0.5 acre 3 3.5 21 5 4 63
$759,000 2,164 8,000 - 10,000 sqft 3 2.5 20 3 10 63
$579,900 1,550 4,500 - 6,500 sqft 3 2 28 11 13 42