Real Estate Market Update for Palm Desert, CA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 3% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 27%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 340-thousand dollars. The number of units sold decreased 8% year-over-year, and increased 57% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Palm Desert, CA

Area Information for Palm Desert, CA
  • Population: 53,356
  • Median Age: 53.99 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 1,990/sq mi
  • Population Change Since 2000: 22.6%
  • Closest Airport: Palm Springs International
  • Closest College: Cal St Univ-san Bernardino-palm Desert
  • Closest Jr. College: College Of The Desert
  • Median Household Income: $62,655
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $365,000
  • Closest Major Sports Team: Lake Elsinore Storm (a)
  • Change Avg. Household Income Since 2000: 34.93%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Palm Desert, CA
Median Age: 53.99 Married: 44% Number of Households: 25,350 Households with Children: 3,694
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Palm Desert, CA

      School Name Distance Type Grades School Rating
      George Washington Charter School 2.4 mi Public K-5 4
      Montessori School Of The Desert 3.2 mi Private PRESCHOOL-6 0
      Sacred Heart School 3.4 mi Catholic PRESCHOOL-8 0
      Morning Stars Learning Program 3.5 mi Private K-2 0
      Abraham Lincoln Elementary School 3.6 mi Public PRESCHOOL-5 3
      Palm Desert Charter Middle School 3.6 mi Public 6-8 4
      Palm Desert High School 3.8 mi Public 9-12 4
      James Earl Carter Elementary School 4.5 mi Public K-5 4
      Gerald R. Ford Elementary 5.0 mi Public K-5 4
      Desert Adventist Academy 5.3 mi Private K-8 0
      Montessori School Of The Valley 5.3 mi Private PRESCHOOL-3 0
      Palm Desert Learning Tree Center 5.9 mi Private PRESCHOOL-5 0
      Ronald Reagan Elementary School 6.4 mi Public PRESCHOOL-5 3
      Xavier College Preparatory High School 7.9 mi Catholic 9-12 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Palm Desert, CA
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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