The Munselle Group

Palm Desert, CA 92260

Condos/Townhomes

www.themunsellegroup.com| 760-772-2411



Palm Desert, CA 92260

Sat Jul 11 2020
This week the median list price for Palm Desert, CA 92260 is $377,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 148. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Palm Desert, CA 92260

Sat Jul 11 2020
This week the median list price for Palm Desert, CA 92260 is $377,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 148. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $377,000
Per Square Foot $231
Days on Market 139
Price Decreased 32%
Price Increased 1%
Relisted 9%
Inventory 148
Median Rent $2,750
Most Expensive $1,120,000
Least Expensive $147,000
Market Action 29
Slight Buyer'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
$529,900 2,019 0 - 4,500 sqft 3 2 39 2 0 163
$419,000 1,786 0 - 4,500 sqft 2 2 40 3 2 160
$334,000 1,502 0 - 4,500 sqft 2 2 40 4 4 130
$273,900 1,280 0 - 4,500 sqft 2 2 41 3 4 100