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

Wed Jun 07 2023
This week the median list price for Thousand Palms, CA is $405,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has decreased to 10. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Thousand Palms, CA

Wed Jun 07 2023
This week the median list price for Thousand Palms, CA is $405,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has decreased to 10. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Thousand Palms market.
Median List Price $405,000
Median Price of New Listings $0
Per Square Foot $255
Average Days on Market 110
Median Days on Market 60
Price Decreased 50%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent
Market Action 40
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
$1,396,500 2,646 1 - 2.5 acres 4 3.8 23 0 0 45
$534,900 1,833 6,500 - 8,000 sqft 4 2 1 0 0 210
$375,000 1,596 4,500 - 6,500 sqft 3 2 20 0 1 63
$255,000 1,344 4,500 - 6,500 sqft 2 2 52 0 0 56