The Munselle Group's Market Report

Palm Desert, CA 92260

Condos/Townhomes

Compass | www.themunsellegroup.com| 760-772-2411



Palm Desert, CA 92260

Fri Jul 04 2025
This week the median list price for Palm Desert, CA 92260 is $542,000 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has held steady at or around 210. Click here to stay informed with the Palm Desert market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Palm Desert, CA 92260

Fri Jul 04 2025
This week the median list price for Palm Desert, CA 92260 is $542,000 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has held steady at or around 210. Click here to stay informed with the Palm Desert market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $542,000
Median Price of New Listings $510,000
Per Square Foot $356
Average Days on Market 103
Median Days on Market 77
Price Decreased 40%
Price Increased 6%
Relisted 9%
Inventory 210
Median Rent
Market Action 28
Slight Buyer's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$758,800 2,034 0 - 4,500 sqft 3 2 46 1 4 91
$595,000 1,584 0 - 4,500 sqft 2 2 46 2 1 84
$495,000 1,423 0 - 4,500 sqft 2 2 45 2 1 63
$347,250 1,170 0 - 4,500 sqft 2 1.5 48 3 2 94