The Munselle Group

Palm Desert, CA 92260

Condos/Townhomes

www.themunsellegroup.com| 760-772-2411



Palm Desert, CA 92260

Fri May 29 2020
This week the median list price for Palm Desert, CA 92260 is $374,000 with the market action index hovering around 31. This is less than last month's market action index of 35. Inventory has held steady at or around 156. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Palm Desert, CA 92260

Fri May 29 2020
This week the median list price for Palm Desert, CA 92260 is $374,000 with the market action index hovering around 31. This is less than last month's market action index of 35. Inventory has held steady at or around 156. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $374,000
Per Square Foot $228
Days on Market 125
Price Decreased 28%
Price Increased 2%
Relisted 7%
Inventory 156
Median Rent $2,800
Most Expensive $1,120,000
Least Expensive $145,000
Market Action 31
Slight Seller's Advantage

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
$530,000 2,037 0 - 4,500 sqft 3 2 40 2 1 147
$415,000 1,798 0 - 4,500 sqft 2 2 40 5 3 139
$339,000 1,525 0 - 4,500 sqft 2 2 40 6 2 108
$265,000 1,325 0 - 4,500 sqft 2 2 41 3 5 105