The Munselle Group's Market Report

Palm Desert, CA 92211

Single-Family Homes

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 $625,820 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has increased to 254. 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.

Strong Seller's Market

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Palm Desert, CA 92211

Tue Apr 28 2026
This week the median list price for Palm Desert, CA 92211 is $625,820 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has increased to 254. 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.

Strong Seller's Market

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $625,820
Median Price of New Listings $549,900
Per Square Foot $323
Average Days on Market 99
Median Days on Market 60
Price Decreased 39%
Price Increased 1%
Relisted 13%
Inventory 254
Median Rent
Market Action 53
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$964,000 2,742 8,000 - 10,000 sqft 4 3 26 5 5 108
$699,000 2,312 6,500 - 8,000 sqft 3 2.5 21 5 6 63
$581,499 1,838 6,500 - 8,000 sqft 3 2 24 7 10 42
$425,000 1,366 4,500 - 6,500 sqft 2 2 32 12 12 56