Is Desert Princess Country Club, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Desert Princess Country Club was a Neutral 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
$390,000
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Desert Princess Country Club have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Desert Princess Country Club was $390,000 in April 2024, up 5.8% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $239K | -19.0% |
| 2 Bedrooms | $354.5K | $370K | +4.4% |
| 3 Bedrooms | $450K | $547.5K | +21.7% |
| 4 Bedrooms | $615K | $520K | -15.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Desert Princess Country Club housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes did not change.
Housing Supply in Desert Princess Country Club, CA
How many homes are available in Desert Princess Country Club, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 53 | +6.0% |
Summary: The Desert Princess Country Club real estate market had 53 homes for sale in April 2024, a 6.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 25 | 24 | -4.0% |
| 3 Bedrooms | 16 | 21 | +31.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Desert Princess Country Club housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
5 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 Princess Country Club, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Desert Princess Country Club in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 36 Days | 72 Days | +100.1% |
Summary: Homes in Desert Princess Country Club had an average of 72 days on market in Apr 2024, up by 100.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Desert Princess Country Club are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 7 homes were sold in Desert Princess Country Club; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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.