The Munselle Group's Market Report

Palm Desert, CA 92260

Condos/Townhomes

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


Palm Desert, CA 92260

Sat May 09 2026
This week the median list price for Palm Desert, CA 92260 is $499,000 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has increased to 180. 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.

Strong Seller's Market

Market Narrative

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Palm Desert, CA 92260

Sat May 09 2026
This week the median list price for Palm Desert, CA 92260 is $499,000 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has increased to 180. 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.

Strong Seller's Market

Market Narrative

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $499,000
Median Price of New Listings $474,500
Per Square Foot $334
Average Days on Market 113
Median Days on Market 77
Price Decreased 39%
Price Increased 1%
Relisted 11%
Inventory 180
Median Rent
Market Action 46
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$815,000 1,930 0 - 4,500 sqft 3 2 46 2 2 49
$550,000 1,656 0 - 4,500 sqft 2 2 46 1 1 84
$467,500 1,423 0 - 4,500 sqft 2 2 47 4 5 77
$369,000 1,248 0 - 4,500 sqft 2 2 47 1 5 105