The Munselle Group's Market Report

Palm Desert, CA 92260

Single-Family Homes

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


Palm Desert, CA 92260

Wed Sep 17 2025
This week the median list price for Palm Desert, CA 92260 is $982,475 with the market action index hovering around 31. This is less than last month's market action index of 33. Inventory has decreased to 128. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Palm Desert, CA 92260

Wed Sep 17 2025
This week the median list price for Palm Desert, CA 92260 is $982,475 with the market action index hovering around 31. This is less than last month's market action index of 33. Inventory has decreased to 128. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $982,475
Median Price of New Listings $787,350
Per Square Foot $456
Average Days on Market 164
Median Days on Market 140
Price Decreased 33%
Price Increased 0%
Relisted 17%
Inventory 128
Median Rent
Market Action 31
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$2,327,500 3,518 0.25 - 0.5 acre 4 4 39 1 0 133
$1,222,500 2,896 0.25 - 0.5 acre 3 3 47 0 2 154
$849,450 1,994 8,000 - 10,000 sqft 3 2 48 1 0 150
$588,738 1,624 6,500 - 8,000 sqft 3 2 50 2 2 80