The Munselle Group

Palm Desert, CA 92260

Condos/Townhomes

www.themunsellegroup.com| 760-772-2411



Palm Desert, CA 92260

Mon Nov 23 2020
This week the median list price for Palm Desert, CA 92260 is $379,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 123. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Palm Desert, CA 92260

Mon Nov 23 2020
This week the median list price for Palm Desert, CA 92260 is $379,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 123. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $379,000
Per Square Foot $240
Days on Market 135
Price Decreased 37%
Price Increased 2%
Relisted 6%
Inventory 123
Median Rent $3,750
Most Expensive $999,000
Least Expensive $197,990
Market Action 38
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$564,000 2,029 0 - 4,500 sqft 3 2 40 2 4 186
$420,000 1,749 0 - 4,500 sqft 2 2 40 2 6 163
$350,000 1,494 0 - 4,500 sqft 2 2 41 4 5 81
$285,000 1,258 0 - 4,500 sqft 2 2 42 2 4 111