The Munselle Group

Palm Desert, CA 92211

Condos/Townhomes

www.themunsellegroup.com| 760-772-2411



Palm Desert, CA 92211

Sun Jul 12 2020
This week the median list price for Palm Desert, CA 92211 is $299,000 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has held steady at or around 129. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Palm Desert, CA 92211

Sun Jul 12 2020
This week the median list price for Palm Desert, CA 92211 is $299,000 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has held steady at or around 129. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $299,000
Per Square Foot $211
Days on Market 119
Price Decreased 22%
Price Increased 0%
Relisted 10%
Inventory 129
Median Rent $2,350
Most Expensive $1,300,000
Least Expensive $199,000
Market Action 34
Slight Seller's Advantage

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
$497,000 1,918 0 - 4,500 sqft 3 2 30 6 3 122
$349,450 1,777 0 - 4,500 sqft 2 2 31 4 4 104
$282,400 1,360 0 - 4,500 sqft 2 2 32 2 3 126
$248,900 1,260 0 - 4,500 sqft 2 2 35 3 4 124