The Drummond Team's Market Report

Palm Desert, CA 92211

Single-Family Homes

The Agency | www.thedrummondteam.com | 760-772-2411


Palm Desert, CA 92211

Fri Oct 23 2026
This week the median list price for Palm Desert, CA 92211 is $575,006 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 200. 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 consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Palm Desert, CA 92211

Fri Oct 23 2026
This week the median list price for Palm Desert, CA 92211 is $575,006 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 200. 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 consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $575,006
Median Price of New Listings $539,000
Per Square Foot $312
Average Days on Market 115
Median Days on Market 70
Price Decreased 32%
Price Increased 2%
Relisted 17%
Inventory 200
Median Rent
Market Action 34
Slight Seller's Advantage

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
$949,000 2,742 8,000 - 10,000 sqft 4 3.5 25 5 1 77
$667,000 2,145 6,500 - 8,000 sqft 3 2.5 23 3 7 59
$535,000 1,818 4,500 - 6,500 sqft 3 2 26 6 1 63
$432,450 1,403 4,500 - 6,500 sqft 2 2 29 7 5 63