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Palm Desert

Why you'd want to live in Palm Desert

The City of Palm Desert, California, incorporated November 26, 1973, is centered in the heart of the Coachella Valley. Palm Desert is known as the cultural and retail center of the desert communities. Palm Desert's outstanding quality of life offers residents and visitors of all ages a wide array of recreational, educational, shopping, housing, and entertainment opportunities as well as arts and cultural activities and world-class events in a uniquely beautiful desert environment. This premier resort destination is a thriving, safe, and sustainable community that attracts innovative employers by virtue of its diverse, highly qualified workforce and synergistic business, civic, and educational partnerships. via palmdesert.gov

Palm Desert Market Report

$913,775

AVERAGE PRICE OF 1,253 HOMES

$429,128

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,329,178

AVERAGE PRICE OF 262 MULTI-MILLION DOLLAR HOMES

$995,543

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$1,003,815

AVERAGE PRICE OF 842 HOMES WITH A POOL

$652,277

AVERAGE PRICE OF 77 REDUCED PRICE HOMES

Average Home

Average Price $913,775
Avg Bedrooms 2.61 beds
Avg Bathrooms 2.6 baths

Average Price by Bedrooms

1 bedroom $372,992
2 bedrooms $494,859
3 bedrooms $839,765
4 bedrooms $2,250,340
5 bedrooms $1,653,201
Palm Desert Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 1,219 1,035 866 870 981
Average Price $900,514 $838,578 $815,427 $799,795 $815,808
Avg Price Change +7.39% +2.84% +1.95% -2.00% -2.70%
Median Price $581,438 $569,810 $552,877 $550,582 $565,488
Med Price Change +2.04% +3.06% +0.42% -2.71% -1.95%
Avg Bedrooms 2.57 beds 2.54 beds 2.53 beds 2.57 beds 2.56 beds
Avg Bathrooms 2.57 baths 2.52 baths 2.48 baths 2.52 baths 2.52 baths
Home Price by High School
School Name Total Homes Average Price
Palm Desert 98 $814,264
Rancho Mirage 3 $646,625
Home Price by House Size
Total Homes Average Price
All Homes 1,253 $913,775
Distressed Homes 7 $429,128
Multi-Million Dollar Homes 262 $2,329,178
Newly Built Homes 40 $995,543
Homes with a Pool 842 $1,003,815
Reduced Price Homes 77 $652,277
Lisa Banks | Coldwell Banker Realty
45000 Club Drive
Indian Wells, CA 92210
760-408-9810
DRE# 02011225

Based on information from California Regional Multiple Listing Service, Inc. as of December 6, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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