The Munselle Group's Market Report

Palm Desert, CA 92260

Condos/Townhomes

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


Palm Desert, CA 92260

Sat Mar 29 2025
This week the median list price for Palm Desert, CA 92260 is $569,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 169. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Palm Desert, CA 92260

Sat Mar 29 2025
This week the median list price for Palm Desert, CA 92260 is $569,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 169. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $569,000
Median Price of New Listings $480,000
Per Square Foot $364
Average Days on Market 91
Median Days on Market 56
Price Decreased 40%
Price Increased 1%
Relisted 16%
Inventory 169
Median Rent
Market Action 33
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
$877,450 2,037 0 - 4,500 sqft 3 2 46 6 5 56
$625,000 1,693 0 - 4,500 sqft 2 2 45 2 3 42
$498,500 1,540 0 - 4,500 sqft 2 2 45 5 3 45
$335,000 1,088 0 - 4,500 sqft 2 1 49 6 1 84