The Munselle Group's Market Report

Palm Desert, CA 92260

Single-Family Homes

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



Palm Desert, CA 92260

Sat Mar 29 2025
This week the median list price for Palm Desert, CA 92260 is $1,130,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 161. 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

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Palm Desert, CA 92260

Sat Mar 29 2025
This week the median list price for Palm Desert, CA 92260 is $1,130,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 161. 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

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $1,130,000
Median Price of New Listings $1,250,000
Per Square Foot $488
Average Days on Market 98
Median Days on Market 56
Price Decreased 49%
Price Increased 1%
Relisted 16%
Inventory 161
Median Rent
Market Action 32
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$3,962,500 4,794 0.5 - 1 acre 4 4 26 2 2 52
$1,524,500 2,829 0.25 - 0.5 acre 3 2.5 47 2 3 94
$899,000 2,399 0.25 - 0.5 acre 3 2.1 32 3 5 42
$625,000 1,480 6,500 - 8,000 sqft 3 2 47 1 4 49