March 2024 Real Estate Report

Homes For Sale
482 Total
Homes For Sale
Homes added
262 Homes
Added to the Market
Homes For Sale
185 Homes
Sold
Compared to Previous Month
18%
More Homes For Sale
home chart
30%
More Homes Sold
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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.


When are the most homes sold in Palm Desert, CA?
April:
192 Homes Sold
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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.

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When do homes sell the fastest in Palm Desert, CA?
November:
47 Days On Market
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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.


Average Price Of Homes Sold In Palm Desert, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Palm Desert, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Palm Desert, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024118129185 - - - - - - - - - 432
2023801341811921831761281119097961051573
202215416022525521015010610610195801011743
20211981793403072372031771481331811911972491
20201351771761161021501752222042282282642177
20191131381941752521732171501081391071481914
20181601751832132341991731541271221421252007
20171591581871842312021391591111261281591943
Average Days On Market (DOM) In Palm Desert, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024615360 - - - - - - - - - 58
202356626050526158495858475355
202235382531253436375348425638
2021100565549514330304933393848
202054736474698771805670656869
20198877788182907472846813712888
201885849084828483837170757480
201792948695917779100108109907792
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
2024908090 - - - - - - - - - 87
2023758788807583828092115787384
202262544454595253627069637960
2021128928271816997576859606477
2020829591106971191011191029787100100
20191169793103104112949410696162153111
2018108109117109106107120109979296106106
201712011811413512110912513214914411598123
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
2024237230262 - - - - - - - - - 729
20232112072412261841721541131852111921492245
20221832162612161441451111311091821601221980
20212512162631781711691661681812041621132242
2020228193149841611562081802342401931582184
20192211762031721681401151281281621741161903
2018201177196195140150931321421741741081882
20171871802071871381071081001002072341371892