The Munselle Group

Palm Desert, CA 92260

Single-Family Homes

www.themunsellegroup.com| 760-772-2411



Palm Desert, CA 92260

Fri May 29 2020
This week the median list price for Palm Desert, CA 92260 is $699,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 143. 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 Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Palm Desert, CA 92260

Fri May 29 2020
This week the median list price for Palm Desert, CA 92260 is $699,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 143. 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 Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $699,000
Per Square Foot $282
Days on Market 146
Price Decreased 38%
Price Increased 1%
Relisted 10%
Inventory 143
Median Rent $4,000
Most Expensive $11,995,000
Least Expensive $249,999
Market Action 33
Slight Seller'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
$1,890,000 4,627 0.5 - 1 acre 4 4 21 0 1 240
$869,900 2,927 0.25 - 0.5 acre 3 3 38 4 3 147
$599,000 2,396 0.25 - 0.5 acre 3 3 38 2 3 92
$399,450 1,836 6,500 - 8,000 sqft 3 2 44 3 2 105