Is Desert Princess Country Club, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Desert Princess Country Club is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Desert Princess Country Club was a Seller's Market.

Key Takeaway

Desert Princess Country Club is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Desert Princess Country Club, CA

How much do homes in Desert Princess Country Club, CA cost?

Median Sold Price

$360,000

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$96,500(-21.1%)

Key Takeaway

Homes in Desert Princess Country Club have sold for 21.1% less than they did a year ago.

Summary: The median home sold price in Desert Princess Country Club was $360,000 in October 2024, down 21.1% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $258K$265K
+2.7%
2 $424.5K$360K
-15.2%
3 $565K$466K
-17.5%
4 $520K-
N/A
5+ --
N/A

Summary: Desert Princess Country Club housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes decreased by 15.2%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Panorama
+6.4%
Rio Vista
+6.1%
Desert Princess Country Club
-21.1%

Housing Supply in Desert Princess Country Club, CA

How many homes are available in Desert Princess Country Club, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4152+26.8%

Summary: The Desert Princess Country Club real estate market had 52 homes for sale in October 2024, a 26.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2534
+36.0%
3 1315
+15.4%
4 11
0.0%
5+ 00
0.0%

Summary: The Desert Princess Country Club 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 36%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Desert Princess Country Club, 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 Princess Country Club in October 2024, the same as the previous 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 Princess Country Club, CA

How long does it take to sell a home in Desert Princess Country Club, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
109 Days127 Days+16.6%

Summary: Homes in Desert Princess Country Club had an average of 127 days on market in Oct 2024, up by 16.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Desert Princess Country Club has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Desert Princess Country Club; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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