Kevin Stern / Town Real Estate

Thousand Palms, CA

Single-Family Homes

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



Thousand Palms, CA

Sat Feb 04 2023
This week the median list price for Thousand Palms, CA is $434,900 with the market action index hovering around 35. This is an increase over last month's market action index of 31. Inventory has decreased to 9. Click here to stay informed with the Thousand Palms market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Thousand Palms, CA

Sat Feb 04 2023
This week the median list price for Thousand Palms, CA is $434,900 with the market action index hovering around 35. This is an increase over last month's market action index of 31. Inventory has decreased to 9. Click here to stay informed with the Thousand Palms market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Thousand Palms market.
Median List Price $434,900
Median Price of New Listings $439,999
Per Square Foot $302
Average Days on Market 85
Median Days on Market 98
Price Decreased 33%
Price Increased 0%
Relisted 11%
Inventory 9
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
$559,900 1,833 6,500 - 8,000 sqft 4 2 1 0 0 91
$457,499 1,427 6,500 - 8,000 sqft 3 2 35 1 0 49
$416,950 1,949 6,500 - 8,000 sqft 4 2.5 46 0 1 105
$321,000 1,152 6,500 - 8,000 sqft 2 2 35 0 0 105