$10,000 Closing Credit*
$1,625,000
1,663 SqFt
3 Beds
•2 Full Baths
Joshua Glaz, Listing Office: The Ave
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 November 2023
At the same time last year, Desert Park Estates was a Seller's Market.
Key Takeaway
Desert Park Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Desert Park Estates, CA
How much do homes in Desert Park Estates, CA cost?
Median Sold Price
$840,918
$514/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$61,581(-6.8%)
Key Takeaway
Homes in Desert Park Estates have sold for 6.8% less than they did a year ago.
Summary: The median home sold price in Desert Park Estates was $840,918 in November 2024, down 6.8% from last year, and the median price per square foot was $514.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $700K | $675K | -3.6% |
| 3 Bedrooms | $900K | $832.5K | -7.5% |
| 4 Bedrooms | $942K | $902.5K | -4.2% |
| 5+ Bedrooms | $1.8M | - | N/A |
Summary: Desert Park Estates housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 4.2%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 39 | +5.4% |
Summary: The Desert Park Estates real estate market had 39 homes for sale in November 2024, a 5.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 23 | 27 | +17.4% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Desert Park Estates housing inventory by bedroom type for November 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 17.4%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was 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. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Desert Park Estates in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 153 Days | 68 Days | -55.7% |
Summary: Homes in Desert Park Estates had an average of 68 days on market in Nov 2024, down by 55.7% compared to last year.
Breakdown of Home Sale Times
0 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 November 2024, 4 homes were sold in Desert Park Estates; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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.