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 $519,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has increased to 181. 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 has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Palm Desert, CA 92260

Fri Nov 13 2026
This week the median list price for Palm Desert, CA 92260 is $519,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has increased to 181. 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 has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $519,000
Median Price of New Listings $539,000
Per Square Foot $341
Average Days on Market 126
Median Days on Market 77
Price Decreased 27%
Price Increased 1%
Relisted 15%
Inventory 181
Median Rent
Market Action 27
Slight Buyer's Advantage

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$852,500 2,055 0 - 4,500 sqft 3 2.4 47 5 3 42
$589,900 1,759 0 - 4,500 sqft 2 2 46 4 3 133
$459,500 1,459 0 - 4,500 sqft 2 2 47 4 2 98
$353,000 1,118 0 - 4,500 sqft 2 2 50 2 7 77