The Munselle Group's Market Report

Palm Desert, CA 92211

Condos/Townhomes

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


Palm Desert, CA 92211

Sat Jun 06 2026
This week the median list price for Palm Desert, CA 92211 is $449,499 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 224. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Palm Desert, CA 92211

Sat Jun 06 2026
This week the median list price for Palm Desert, CA 92211 is $449,499 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 224. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $449,499
Median Price of New Listings $442,499
Per Square Foot $318
Average Days on Market 132
Median Days on Market 88
Price Decreased 41%
Price Increased 1%
Relisted 10%
Inventory 224
Median Rent
Market Action 39
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$762,500 1,918 0 - 4,500 sqft 3 2.5 38 4 8 84
$499,000 1,748 0 - 4,500 sqft 2 2 37 1 9 129
$425,000 1,334 0 - 4,500 sqft 2 2 38 3 7 84
$349,500 1,177 0 - 4,500 sqft 2 2 42 2 5 59