Last month in October, housing in Palm Desert, CA ended with 259 homes being added to the market for sale, for a cumulative monthly total of 392 homes for sale - up 19% compared to September. Palm Desert, CA had a total of 107 homes sold for the month - up 19% from the month prior.
Detached led the way in homes sold with a total of 62 - up 5%, while attached totaled 45 in closed sales - up 38% from the month of September. The number of detached properties sold under 1500 square feet totaled 15 for the month of October, while homes from 1500 to 2000 square feet recorded 19 sales and homes sized from 2000 to 2500 square feet had 15 sales. While homes from 2500 to 3000 square feet square feet recorded 10 homes sold and homes from 3000 to 3500 square feet had 2 sales and homes from 4000 to 4500 square feet had 1 sales. The following ranges for detached homes all had no sales: 3500 to 4000, 4500 to 5000, over 5500.
The number of attached homes sold under 1500 square feet numbered 24, attached homes in the square feet range of 1500 to 2000 recorded 13 sales and attached properties from 2000 to 2500 square feet had a total of 8 homes sold. The following ranges for attached homes all had no sales: 2500 to 3000, 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 March 2024, April 2024 and May 2024. The months of March 2024, April 2024 and May 2024 had 185 - 178 and 167 homes sold, respectively, as compared to an average of 114 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 November 2023, February 2024 and May 2024. The months of November 2023, February 2024 and May 2024 had 47 - 53 and 53 days on market, respectively, as compared to an average of 62 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 | 178 | 167 | 145 | 132 | 111 | 87 | 107 | - | - | 1359 |
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 | 56 | 53 | 59 | 67 | 68 | 74 | 59 | - | - | 61 |
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 | 83 | 79 | 82 | 93 | 89 | 115 | 83 | - | - | 88 |
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 | 228 | 218 | 181 | 124 | 152 | 197 | 259 | - | - | 2088 |
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 |