The Drummond Team's Market Report

Palm Desert, CA 92260

Condos/Townhomes

The Agency | www.thedrummondteam.com | 760-772-2411


Palm Desert, CA 92260

Sat Sep 12 2026
This week the median list price for Palm Desert, CA 92260 is $477,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has decreased to 144. 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 Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Palm Desert, CA 92260

Sat Sep 12 2026
This week the median list price for Palm Desert, CA 92260 is $477,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has decreased to 144. 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 Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $477,000
Median Price of New Listings $432,000
Per Square Foot $336
Average Days on Market 124
Median Days on Market 91
Price Decreased 34%
Price Increased 2%
Relisted 15%
Inventory 144
Median Rent
Market Action 30
Slight Seller'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
$759,000 2,034 0 - 4,500 sqft 3 2 47 0 2 112
$549,999 1,584 0 - 4,500 sqft 2 2 46 2 7 98
$443,750 1,427 0 - 4,500 sqft 2 2 47 0 2 87
$337,500 1,088 0 - 4,500 sqft 2 2 51 2 2 63