The Munselle Group's Market Report

Palm Desert, CA 92260

Single-Family Homes

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



Palm Desert, CA 92260

Fri May 15 2026
This week the median list price for Palm Desert, CA 92260 is $1,297,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 140. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Palm Desert, CA 92260

Fri May 15 2026
This week the median list price for Palm Desert, CA 92260 is $1,297,000 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 140. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $1,297,000
Median Price of New Listings $902,000
Per Square Foot $535
Average Days on Market 133
Median Days on Market 88
Price Decreased 28%
Price Increased 0%
Relisted 9%
Inventory 140
Median Rent
Market Action 44
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$4,125,000 5,411 0.5 - 1 acre 4 4 23 0 4 112
$1,649,000 2,848 0.25 - 0.5 acre 3 3 47 1 4 91
$995,000 2,198 0.25 - 0.5 acre 3 2.5 39 5 7 56
$625,000 1,695 6,500 - 8,000 sqft 3 2 46 2 9 77