The Munselle Group's Market Report
Palm Desert, CA 92211
Condos/Townhomes
Compass | www.themunsellegroup.com| 760-772-2411
Palm Desert, CA 92211
Fri Jul 18 2025
This week the median list price for Palm Desert, CA 92211 is $499,999 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has decreased to 183.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.
Real-Time Market Profile
| Median List Price | $499,999 | |
| Median Price of New Listings | $584,450 | |
| Per Square Foot | $342 | |
| Average Days on Market | 119 | |
| Median Days on Market | 91 | |
| Price Decreased | 44% | |
| Price Increased | 0% | |
| Relisted | 11% | |
| Inventory | 183 | |
| Median Rent | ||
| Market Action | 30 | |
| Slight Seller's Advantage | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $730,000 | 2,125 | 0 - 4,500 sqft | 3 | 2.5 | 36 | 1 | 5 | 98 |
| $559,499 | 1,777 | 0 - 4,500 sqft | 3 | 2.5 | 36 | 3 | 3 | 91 |
| $449,450 | 1,337 | 0 - 4,500 sqft | 2 | 2 | 37 | 1 | 3 | 84 |
| $375,000 | 1,139 | 0 - 4,500 sqft | 2 | 2 | 40 | 1 | 7 | 84 |