The Drummond Team's Market Report

Palm Desert, CA 92260

Single-Family Homes

The Agency | www.thedrummondteam.com | 760-772-2411


Palm Desert, CA 92260

Sat Aug 22 2026
This week the median list price for Palm Desert, CA 92260 is $1,044,500 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has decreased to 82. 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

Sat Aug 22 2026
This week the median list price for Palm Desert, CA 92260 is $1,044,500 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has decreased to 82. 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 $1,044,500
Median Price of New Listings $839,000
Per Square Foot $476
Average Days on Market 176
Median Days on Market 130
Price Decreased 24%
Price Increased 0%
Relisted 17%
Inventory 82
Median Rent
Market Action 34
Slight Seller's Advantage

This week prices in this zip code bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a trough in the market.

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
$2,395,000 3,550 0.25 - 0.5 acre 3 4 29 1 4 168
$1,237,499 2,513 0.25 - 0.5 acre 3 2.8 47 1 1 133
$849,000 2,131 8,000 - 10,000 sqft 3 2 38 2 3 126
$619,950 1,676 6,500 - 8,000 sqft 3 2 47 2 6 66