La Quinta Housing Market Report – May 2026
Here's a look at how the La Quinta, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 97
- Median Sale Price: $820,000
- Average Sale Price: $1,475,356
- Average Price Per Sq Ft: $449
- Average Days on Market: 90
- Sale-to-List Price Ratio: 96.5%
Month-Over-Month Trends
Compared to April, the median sale price in La Quinta moved 9.9% down (from $910,000 to $820,000). The number of homes sold was 28.1% down compared to the prior month (135 vs. 97). Average days on market shifted 5.3% down (95 days to 90 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 3.3% up (from $793,500 to $820,000). Sales volume is 1.0% down year-over-year.
What This Means
May brought a noticeable cooldown to La Quinta's real estate market after what appears to have been a hot spring. Sales volume dropped 28 percent from April, though it's worth noting this could partly reflect normal seasonal patterns as we move into summer rather than a dramatic market shift. More telling is the median price decline of nearly 10 percent month-over-month, suggesting sellers may be adjusting expectations as buyer interest wanes with the heat. That said, the year-over-year median price is still up 3.3 percent, indicating the market hasn't lost ground compared to May 2025.
The current inventory tells an interesting story. With 703 active listings and a median asking price nearly identical to the median sale price ($818,000 versus $820,000), the market is surprisingly balanced. Homes are selling at 96.5 percent of list price on average, which is healthy, though the 90-day average time on market suggests patience is increasingly rewarded. Buyers appear to be taking their time, possibly waiting for rates to improve or for more selection.
For sellers, this is a reality check. The market is no longer favoring aggressive pricing strategies. For buyers, it's an opportunity—inventory is solid, and negotiation leverage has shifted in their favor.
La Quinta Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92253 | 97 | $820,000 | $449 | 90 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 75 | $832,500 | $464 |
| CONDOS | 15 | $610,000 | $384 |
| LAND | 5 | $3,125,000 | N/A |
| CONDO | 2 | $890,750 | $365 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 2 |
| $300K - $399K | 3 |
| $400K - $499K | 10 |
| $500K - $749K | 27 |
| $750K+ | 55 |
Current Active Listings
As of this report, there are 703 active listings in La Quinta with a median asking price of $818,000 and an average of 96 days on market.
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