The Munselle Group

Palm Desert, CA 92260

Single-Family Homes

www.themunsellegroup.com| 760-772-2411



Palm Desert, CA 92260

Fri Nov 22 2019
This week the median list price for Palm Desert, CA 92260 is $699,000 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has held steady at or around 139. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Palm Desert, CA 92260

Fri Nov 22 2019
This week the median list price for Palm Desert, CA 92260 is $699,000 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has held steady at or around 139. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $699,000
Per Square Foot $290
Days on Market 126
Price Decreased 33%
Price Increased 1%
Relisted 14%
Inventory 139
Median Rent $3,100
Most Expensive $7,495,000
Least Expensive $195,000
Market Action 42
Slight Seller's Advantage

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$1,746,950 4,229 0.25 - 0.5 acre 4 4 20 1 9 165
$869,000 2,972 0.25 - 0.5 acre 3 3 37 2 1 143
$575,000 2,284 0.25 - 0.5 acre 4 3 41 3 5 100
$369,000 1,506 6,500 - 8,000 sqft 3 2 51 5 4 95