The Drummond Team's Market Report

Palm Desert, CA 92260

Condos/Townhomes

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


Palm Desert, CA 92260

Fri Nov 13 2026
This week the median list price for Palm Desert, CA 92260 is $529,500 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has increased to 194. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Palm Desert, CA 92260

Fri Nov 13 2026
This week the median list price for Palm Desert, CA 92260 is $529,500 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has increased to 194. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $529,500
Median Price of New Listings $572,000
Per Square Foot $343
Average Days on Market 120
Median Days on Market 74
Price Decreased 26%
Price Increased 2%
Relisted 18%
Inventory 194
Median Rent
Market Action 27
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
$840,000 2,056 0 - 4,500 sqft 3 2.5 47 6 3 42
$589,950 1,713 0 - 4,500 sqft 2 2 46 5 1 115
$469,900 1,494 0 - 4,500 sqft 2 2 47 5 2 84
$351,450 1,128 0 - 4,500 sqft 2 2 49 2 1 84