Fri Jul 10 2020
This week the median list price for Palm Desert, CA is $589,000 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has held steady at or around 287.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$589,000|
|Per Square Foot||$264|
|Days on Market||141|
|Slight Seller's Advantage|
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,850,000||4,234||0.25 - 0.5 acre||4||4||20||2||2||220|
|$779,000||2,751||0.25 - 0.5 acre||3||3||26||5||12||141|
|$499,450||2,125||6,500 - 8,000 sqft||3||2||23||6||15||104|
|$337,000||1,526||4,500 - 6,500 sqft||2||2||27||18||18||99|