Last month in March, housing in Palm Desert, CA ended with 262 homes being added to the market for sale, for a cumulative monthly total of 482 homes for sale - up 18% compared to February. Palm Desert, CA had a total of 185 homes sold for the month - up 30% from the month prior.
Detached led the way in homes sold with a total of 105 - up 36%, while attached totaled 80 in closed sales - up 22% from the month of February. The number of detached properties sold under 1500 square feet totaled 20 for the month of March, while homes from 1500 to 2000 square feet recorded 30 sales and homes sized from 2000 to 2500 square feet had 19 sales. While homes from 2500 to 3000 square feet square feet recorded 15 homes sold and homes from 3000 to 3500 square feet had 13 sales, while homes in the 3500 to 4000 square feet range totaled 2 homes sold. Homes from 4000 to 4500 square feet had 3 sales and homes over 5500 square feet recorded 3 homes sold. The following ranges for detached homes all had no sales: 4500 to 5000.
The number of attached homes sold under 1500 square feet numbered 35, attached homes in the square feet range of 1500 to 2000 recorded 27 sales and attached properties from 2000 to 2500 square feet had a total of 13 homes sold. Attached properties from 2500 to 3000 square feet had a total of 5 homes sold. The following ranges for attached homes all had no sales: 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The last 12 month period for the city of Palm Desert, CA shows that the greatest number of homes were sold during the months of April 2023, May 2023 and March 2024. The months of April 2023, May 2023 and March 2024 had 192 - 183 and 185 homes sold, respectively, as compared to an average of 117 for the other months of the year.
The last 12 month period for the city of Palm Desert, CA shows that homes sold the fastest during the months of April 2023, August 2023 and November 2023. The months of April 2023, August 2023 and November 2023 had 50 - 49 and 47 days on market, respectively, as compared to an average of 57 for the other months of the year.
Number of homes sold in Palm Desert, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 118 | 129 | 185 | - | - | - | - | - | - | - | - | - | 432 |
2023 | 80 | 134 | 181 | 192 | 183 | 176 | 128 | 111 | 90 | 97 | 96 | 105 | 1573 |
2022 | 154 | 160 | 225 | 255 | 210 | 150 | 106 | 106 | 101 | 95 | 80 | 101 | 1743 |
2021 | 198 | 179 | 340 | 307 | 237 | 203 | 177 | 148 | 133 | 181 | 191 | 197 | 2491 |
2020 | 135 | 177 | 176 | 116 | 102 | 150 | 175 | 222 | 204 | 228 | 228 | 264 | 2177 |
2019 | 113 | 138 | 194 | 175 | 252 | 173 | 217 | 150 | 108 | 139 | 107 | 148 | 1914 |
2018 | 160 | 175 | 183 | 213 | 234 | 199 | 173 | 154 | 127 | 122 | 142 | 125 | 2007 |
2017 | 159 | 158 | 187 | 184 | 231 | 202 | 139 | 159 | 111 | 126 | 128 | 159 | 1943 |
Average Days On Market (DOM) In Palm Desert, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 61 | 53 | 60 | - | - | - | - | - | - | - | - | - | 58 |
2023 | 56 | 62 | 60 | 50 | 52 | 61 | 58 | 49 | 58 | 58 | 47 | 53 | 55 |
2022 | 35 | 38 | 25 | 31 | 25 | 34 | 36 | 37 | 53 | 48 | 42 | 56 | 38 |
2021 | 100 | 56 | 55 | 49 | 51 | 43 | 30 | 30 | 49 | 33 | 39 | 38 | 48 |
2020 | 54 | 73 | 64 | 74 | 69 | 87 | 71 | 80 | 56 | 70 | 65 | 68 | 69 |
2019 | 88 | 77 | 78 | 81 | 82 | 90 | 74 | 72 | 84 | 68 | 137 | 128 | 88 |
2018 | 85 | 84 | 90 | 84 | 82 | 84 | 83 | 83 | 71 | 70 | 75 | 74 | 80 |
2017 | 92 | 94 | 86 | 95 | 91 | 77 | 79 | 100 | 108 | 109 | 90 | 77 | 92 |
Average Days From List To Close Of Escrow In Palm Desert, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 90 | 80 | 90 | - | - | - | - | - | - | - | - | - | 87 |
2023 | 75 | 87 | 88 | 80 | 75 | 83 | 82 | 80 | 92 | 115 | 78 | 73 | 84 |
2022 | 62 | 54 | 44 | 54 | 59 | 52 | 53 | 62 | 70 | 69 | 63 | 79 | 60 |
2021 | 128 | 92 | 82 | 71 | 81 | 69 | 97 | 57 | 68 | 59 | 60 | 64 | 77 |
2020 | 82 | 95 | 91 | 106 | 97 | 119 | 101 | 119 | 102 | 97 | 87 | 100 | 100 |
2019 | 116 | 97 | 93 | 103 | 104 | 112 | 94 | 94 | 106 | 96 | 162 | 153 | 111 |
2018 | 108 | 109 | 117 | 109 | 106 | 107 | 120 | 109 | 97 | 92 | 96 | 106 | 106 |
2017 | 120 | 118 | 114 | 135 | 121 | 109 | 125 | 132 | 149 | 144 | 115 | 98 | 123 |
Number of homes added to the market in Palm Desert, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 237 | 230 | 262 | - | - | - | - | - | - | - | - | - | 729 |
2023 | 211 | 207 | 241 | 226 | 184 | 172 | 154 | 113 | 185 | 211 | 192 | 149 | 2245 |
2022 | 183 | 216 | 261 | 216 | 144 | 145 | 111 | 131 | 109 | 182 | 160 | 122 | 1980 |
2021 | 251 | 216 | 263 | 178 | 171 | 169 | 166 | 168 | 181 | 204 | 162 | 113 | 2242 |
2020 | 228 | 193 | 149 | 84 | 161 | 156 | 208 | 180 | 234 | 240 | 193 | 158 | 2184 |
2019 | 221 | 176 | 203 | 172 | 168 | 140 | 115 | 128 | 128 | 162 | 174 | 116 | 1903 |
2018 | 201 | 177 | 196 | 195 | 140 | 150 | 93 | 132 | 142 | 174 | 174 | 108 | 1882 |
2017 | 187 | 180 | 207 | 187 | 138 | 107 | 108 | 100 | 100 | 207 | 234 | 137 | 1892 |