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

Sun May 29 2022
This week the median list price for Thousand Palms, CA is $425,000 with the market action index hovering around 68. This is less than last month's market action index of 69. Inventory has increased to 5. 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.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Thousand Palms, CA

Sun May 29 2022
This week the median list price for Thousand Palms, CA is $425,000 with the market action index hovering around 68. This is less than last month's market action index of 69. Inventory has increased to 5. 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.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Thousand Palms market.
Median List Price $425,000
Median Price of New Listings $429,900
Per Square Foot $307
Average Days on Market 18
Median Days on Market 21
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 68
Strong Seller's Market

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
$448,000 1,302 0.25 - 0.5 acre 3 2.5 33 0 1 21
$429,900 1,397 4,500 - 6,500 sqft 3 2 31 1 0 0
$425,000 1,204 6,500 - 8,000 sqft 3 2 33 0 0 21
$342,450 1,767 4,500 - 6,500 sqft 3 2 49 0 1 24