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Palm Desert

Why you'd want to live in Palm Desert

Palm Desert is the heart of California's Coachella Valley. 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 cityofpalmdesert.org

Palm Desert Market Report

$914,760

AVERAGE PRICE OF 750 HOMES

$2,330,176

AVERAGE PRICE OF 158 MULTI-MILLION DOLLAR HOMES

$858,228

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$1,011,257

AVERAGE PRICE OF 507 HOMES WITH A POOL

$733,287

AVERAGE PRICE OF 35 REDUCED PRICE HOMES

$459,380

AVERAGE PRICE OF 5 DISTRESSED HOMES

Average Home

Average Price $914,760
Avg Bedrooms 2.79 beds
Avg Bathrooms 2.92 baths

Average Price by Bedrooms

1 bedroom $305,978
2 bedrooms $542,090
3 bedrooms $928,061
4 bedrooms $2,130,147
5 bedrooms $2,163,026
Palm Desert Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 725 621 528 535 593
Average Price $906,785 $857,926 $841,987 $824,323 $832,939
Avg Price Change +5.70% +1.89% +2.14% -1.05% +0.18%
Median Price $588,267 $578,213 $563,782 $557,743 $572,307
Med Price Change +1.74% +2.56% +1.08% -2.61% -1.04%
Avg Bedrooms 2.83 beds 2.8 beds 2.73 beds 2.71 beds 2.72 beds
Avg Bathrooms 2.99 baths 2.94 baths 2.8 baths 2.77 baths 2.78 baths
Home Price by High School
School Name Total Homes Average Price
Palm Desert 54 $796,558
Rancho Mirage 2 $580,750
Home Price by House Size
Total Homes Average Price
All Homes 750 $914,760
Multi-Million Dollar Homes 158 $2,330,176
Newly Built Homes 27 $858,228
Homes with a Pool 507 $1,011,257
Reduced Price Homes 35 $733,287
Distressed Homes 5 $459,380
The Firm Brokerage
Morgan Janney
74399 Hwy 111, Suite D
Palm Desert, CA 92260
442-234-2984
DRE# 02028791
Kyndra Wright
51555 Desert Club Dr.
La Quinta, CA 92253
760-238-8486

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Based on information from California Regional Multiple Listing Service, Inc. as of December 8, 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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