The Munselle Group's Market Report

Palm Desert, CA 92260

Condos/Townhomes

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Palm Desert, CA 92260

Sun Jun 22 2025
This week the median list price for Palm Desert, CA 92260 is $549,999 with the market action index hovering around 28. This is an increase over last month's market action index of 24. Inventory has held steady at or around 198. 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

Sun Jun 22 2025
This week the median list price for Palm Desert, CA 92260 is $549,999 with the market action index hovering around 28. This is an increase over last month's market action index of 24. Inventory has held steady at or around 198. 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 $549,999
Median Price of New Listings $547,000
Per Square Foot $361
Average Days on Market 90
Median Days on Market 63
Price Decreased 43%
Price Increased 1%
Relisted 8%
Inventory 198
Median Rent
Market Action 28
Slight Buyer's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$782,000 2,064 0 - 4,500 sqft 3 2 46 4 1 77
$595,000 1,584 0 - 4,500 sqft 2 2 45 1 1 63
$498,500 1,513 0 - 4,500 sqft 2 2 46 2 5 56
$349,500 1,170 0 - 4,500 sqft 2 1.5 50 3 5 77