$10,000 Closing Credit*
$1,249,000
2,366 SqFt
3 Beds
•2 Full Baths
Adrian Riehle, Listing Office: First Team Real Estate
Is Desert Park Estates, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Desert Park Estates was a Buyer's Market.
Key Takeaway
Desert Park Estates is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Desert Park Estates, CA
How much do homes in Desert Park Estates, CA cost?
Median Sold Price
$820,000
$544/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$29,000(-3.4%)
Key Takeaway
Homes in Desert Park Estates have sold for 3.4% less than they did a month ago.
Summary: The median home sold price in Desert Park Estates was $820,000 in October 2024, down 3.4% from last month, and the median price per square foot was $544.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $862K | $725K | -15.9% |
| 4 Bedrooms | $839K | $915K | +9.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Desert Park Estates housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes did not change.
Housing Supply in Desert Park Estates, CA
How many homes are available in Desert Park Estates, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 40 | +17.6% |
Summary: The Desert Park Estates real estate market had 40 homes for sale in October 2024, a 17.6% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Desert Park Estates 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 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 Desert Park Estates, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Desert Park Estates in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Desert Park Estates, CA
How long does it take to sell a home in Desert Park Estates, CA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 68 Days | +19.2% |
Summary: Homes in Desert Park Estates had an average of 68 days on market in Oct 2024, up by 19.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Desert Park Estates has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Desert Park Estates; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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.