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Desert Housing Report May 2024
PRICES: Median Price of a detached home is $710,000 which is down 3.6% year over year.
Median Price of an attached home is $494,000 which is up 1.9% year over year.
SALES: 3 month average of sales fell 14 units to 763 units a month.
INVENTORY: Inventory stands at 2610 Highest in 3 years
DIM: Days in Market currently stands at 45 days, up 5 from last month.
NOTE: In May 2.1% of detached homes sold above list price and 2.6% of attached homes sold above LP.
All information provided by CDAR.