Vine Property Group Market Report

Palm Desert, CA 92260

Single-Family Homes

Julie and Patrick Essig |760.989.7034 | julie@vinepropertygroup.com


Palm Desert, CA 92260

Wed Mar 12 2025
This week the median list price for Palm Desert, CA 92260 is $1,150,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 164. 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 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

Wed Mar 12 2025
This week the median list price for Palm Desert, CA 92260 is $1,150,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 164. 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 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 $1,150,000
Median Price of New Listings $982,500
Per Square Foot $495
Average Days on Market 95
Median Days on Market 56
Price Decreased 46%
Price Increased 1%
Relisted 18%
Inventory 164
Median Rent
Market Action 32
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$3,495,000 4,723 0.5 - 1 acre 4 4.5 26 6 0 35
$1,485,000 2,796 0.25 - 0.5 acre 3 3 47 4 0 91
$895,000 2,275 0.25 - 0.5 acre 3 2.5 35 4 2 91
$650,000 1,545 6,500 - 8,000 sqft 3 2 47 8 5 49