Is Bermuda Dunes, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bermuda Dunes has remained a Seller's Market.
Housing Prices in Bermuda Dunes, CA
How much do homes in Bermuda Dunes, CA cost?
Median Sold Price
$675,000
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bermuda Dunes was $675,000 in April 2024, down 5.3% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $418.5K | $425K | +1.6% |
3 Bedrooms | $718.5K | $672.5K | -6.4% |
4 Bedrooms | $779.5K | $766K | -1.7% |
5+ Bedrooms | $1.0M | $1.0M | +2.3% |
Summary: Bermuda Dunes housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Neighborhoods
Bermuda Dunes | $712.5K | $675K | -5.3% |
Desert Palms | $575K | $516K | -10.3% |
Housing Supply in Bermuda Dunes, CA
How many homes are available in Bermuda Dunes, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 60 | +22.4% |
Summary: The Bermuda Dunes real estate market had 60 homes for sale in April 2024, a 22.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 25 | 33 | +32.0% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Bermuda Dunes housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Bermuda Dunes in April 2024, up by 120.0% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 55 Days | -24.3% |
Summary: Homes in Bermuda Dunes had an average of 55 days on market in Apr 2024, down by 24.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Bermuda Dunes; 27% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.