The Munselle Group's Market Report

Palm Desert, CA 92211

Condos/Townhomes

Compass | www.themunsellegroup.com| 760-772-2411


Palm Desert, CA 92211

Tue Apr 28 2026
This week the median list price for Palm Desert, CA 92211 is $479,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 228. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Palm Desert, CA 92211

Tue Apr 28 2026
This week the median list price for Palm Desert, CA 92211 is $479,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has increased to 228. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $479,000
Median Price of New Listings $462,000
Per Square Foot $322
Average Days on Market 131
Median Days on Market 84
Price Decreased 36%
Price Increased 1%
Relisted 10%
Inventory 228
Median Rent
Market Action 42
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$839,000 2,182 0 - 4,500 sqft 3 2.5 39 4 5 70
$530,000 1,808 0 - 4,500 sqft 3 2.5 37 3 6 105
$439,000 1,360 0 - 4,500 sqft 2 2 38 2 6 91
$359,000 1,177 0 - 4,500 sqft 2 2 42 5 6 70