The Munselle Group

Palm Desert, CA 92260

Single-Family Homes

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 $875,000 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has held steady at or around 127. 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

Sat Jul 11 2020
This week the median list price for Palm Desert, CA 92260 is $875,000 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has held steady at or around 127. 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 $875,000
Per Square Foot $321
Days on Market 154
Price Decreased 31%
Price Increased 2%
Relisted 9%
Inventory 127
Median Rent $4,000
Most Expensive $11,995,000
Least Expensive $320,000
Market Action 36
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
$4,250,000 6,061 0.5 - 1 acre 4 5 17 0 0 218
$1,227,500 3,225 0.25 - 0.5 acre 3 3 31 2 4 182
$699,000 2,575 0.25 - 0.5 acre 3 3 41 3 5 95
$477,500 2,067 6,500 - 8,000 sqft 3 2 42 4 11 122