92260 Home Values & Market Trends

There are 318 homes currently listed for 92260. 92260 real estate market trends show that home prices range from $145,350 to $17,850,000, and the median sales price in the 92260 zip code is $614,837.79. The total number of properties sold within the past twelve months is 915. In 92260, 20 properties are in foreclosure, 7 are bank owned properties,and 6 are headed for auction.

Housing Market Summary for 92260

Mar 2023February 2024Change
Median Listing Price$632.8K$611.5K-3.37%
Median Sold Price$604.5K$611.5K1.15%
Homes For Sale29132210.65%
Homes Sold769661-14.04%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 92260

The median list price of a home in Palm Desert, is $614,837.79. A total of 318 properties are for sale, and the percentage of properties for sale in the zip code is 318.00%. The total count of 92260 properties is 17,510.

Foreclosure
There is 1 cities within 92260; within this cities, the median estimated home value for homes in foreclosure ranges from $1,134,000 in palm desert to the lowest value of $330,600 in palm desert. Foreclosure homes account for 0.00% of properties in 92260 with palm desert containing 35 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in 92260 with palm desert containing 17 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 92260; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,134,000 in palm desert to the lowest home value of $399,000 in palm desert.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 92260 ranges from the highest value of $880,250 in palm desert to the lowest value of $330,600 in palm desert. Bank owned homes and properties account for 0.04% of properties in 92260. There is 1 cities within 92260; palm desert containing 9 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    palm desert has 9 auction properties, the highest number of properties going to auction in a single city in the state of 92260. Auction homes and other auction properties account for 0.03% of all properties in 92260. There is 1 cities within 92260; of that cities, the median estimated home value for homes going to auction ranges from $854,750 in palm desert to the lowest value of $370,100 in palm desert.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.82% of residential properties in 92260 with palm desert containing 652 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 92260; homes for sale in that cities, have a range of median values from $12,495,000 in palm desert to the lowest value of $246,925 in palm desert.
    Sold Homes
    The median value for recently sold homes ranges from $12,284,604 in palm desert to the lowest price of $136,634 in palm desert. There is 1 cities within 92260. palm desert has 1384 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.75% of properties in 92260.

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      Guide for 92260

      RealtyTrac Market Report
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      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
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      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
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      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
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      Stability and Growth in the San Bernardino Real Estate Market – Feb 2024
      See More Articles
      RealtyTrac Market Report
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California|posted 8 December 2023

      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.

      Stability and Growth in the San Bernardino Real Estate Market – Feb 2024
      California|posted 1 March 2024

      The San Bernardino real estate market is experiencing stability and modest growth. Median property values are consistent, while foreclosures, pre-foreclosures, and auctions present unique investment opportunities due high avg values.