The Munselle Group's Market Report
Palm Desert, CA 92260
Condos/Townhomes
Compass | www.themunsellegroup.com| 760-772-2411
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.
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
| 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 |