$9,381 Closing Credit*
$790,000
1,898 SqFt
3 Beds
•2 Full Baths
Jack Kassabian, Listing Office: Luxury Collective
Is Bermuda Dunes, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Bermuda Dunes was a Seller's Market.
Key Takeaway
Bermuda Dunes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bermuda Dunes, CA
How much do homes in Bermuda Dunes, CA cost?
Median Sold Price
$650,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$35,000(-5.1%)
Key Takeaway
Homes in Bermuda Dunes have sold for 5.1% less than they did a year ago.
Summary: The median home sold price in Bermuda Dunes was $650,000 in October 2024, down 5.1% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $397.5K | $465K | +17.0% |
| 3 Bedrooms | $681.5K | $620K | -9.0% |
| 4 Bedrooms | $779K | $780K | 0.1% |
| 5+ Bedrooms | $956.1K | $1.0M | +13.2% |
Summary: Bermuda Dunes housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17%, 3 bedroom homes decreased by 9%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 13.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Desert Palms | $524K | $535K | +2.1% |
| Bermuda Dunes | $685K | $650K | -5.1% |
Housing Supply in Bermuda Dunes, CA
How many homes are available in Bermuda Dunes, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 51 | +10.9% |
Summary: The Bermuda Dunes real estate market had 51 homes for sale in October 2024, a 10.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 17 | 20 | +17.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bermuda Dunes housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bermuda Dunes, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Bermuda Dunes in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Bermuda Dunes, CA
How long does it take to sell a home in Bermuda Dunes, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 72 Days | 58 Days | -19.4% |
Summary: Homes in Bermuda Dunes had an average of 58 days on market in Oct 2024, down by 19.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bermuda Dunes are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Bermuda Dunes; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.