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
Fri May 16 2025
This week the median list price for Palm Desert, CA 92260 is $1,149,499 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 178.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Real-Time Market Profile
| Median List Price | $1,149,499 | |
| Median Price of New Listings | $785,000 | |
| Per Square Foot | $471 | |
| Average Days on Market | 113 | |
| Median Days on Market | 77 | |
| Price Decreased | 53% | |
| Price Increased | 1% | |
| Relisted | 12% | |
| Inventory | 178 | |
| Median Rent | ||
| Market Action | 30 | |
| Slight Seller's Advantage | ||
Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,425,000 | 4,485 | 0.5 - 1 acre | 4 | 4 | 27 | 2 | 3 | 80 |
| $1,374,000 | 2,801 | 0.25 - 0.5 acre | 3 | 3 | 47 | 0 | 1 | 94 |
| $900,000 | 2,282 | 8,000 - 10,000 sqft | 3 | 2.5 | 38 | 2 | 5 | 63 |
| $594,000 | 1,545 | 6,500 - 8,000 sqft | 3 | 2 | 50 | 5 | 3 | 84 |