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The La Quinta housing market is moderately competitive, with homes typically receiving one offer and selling in about 68 days. Last month, the median home sale price rose to $887K, reflecting an 18.7% increase year-over-year. Additionally, the median price per square foot climbed to $414, marking a 9.5% annual gain, indicating steady demand and rising property values in the area.
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Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
In December 2024, La Quinta home prices saw a notable 18.7% increase year-over-year, with the median sale price reaching $887K. While homes took slightly longer to sell, averaging 68 days on the market compared to 60 days last year, the market remained active, with 90 homes sold, up from 82 in the previous year. This growth in both pricing and sales volume suggests that buyer demand remains strong, even as homes take a bit more time to close, reflecting a balanced but appreciating market.
The La Quinta housing market is somewhat competitive, with homes typically selling in 68 days. While some properties receive multiple offers, most sell for about 3% below the list price and go pending in approximately 68 days. However, high-demand properties, or hot homes, tend to move much faster, often going pending in around 33 days and selling close to the list price, reflecting strong interest in the most desirable listings.
As of December 2024, La Quinta, CA is a balanced market, meaning that the supply of homes aligns closely with buyer demand. This equilibrium creates a steady real estate environment, where prices remain stable, homes sell at a moderate pace, and neither buyers nor sellers hold a significant advantage—making it an ideal time for both buyers looking for fair deals and sellers aiming for competitive offers.
Whether you're searching for a luxury retreat, a golf course estate, or a desert getaway, La Quinta offers incredible real estate opportunities. If you have questions about the market or are ready to explore available properties, our expert team is here to guide you. Get in touch today and let us help you find the perfect home in La Quinta!
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