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 Jul 01 2025
This week the median list price for Palm Desert, CA 92211 is $639,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 218. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Palm Desert, CA 92211

Tue Jul 01 2025
This week the median list price for Palm Desert, CA 92211 is $639,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 218. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $639,000
Median Price of New Listings $612,499
Per Square Foot $329
Average Days on Market 96
Median Days on Market 77
Price Decreased 43%
Price Increased 4%
Relisted 15%
Inventory 218
Median Rent
Market Action 32
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,053,000 2,637 8,000 - 10,000 sqft 4 3.5 23 1 3 84
$727,500 2,174 6,500 - 8,000 sqft 3 2.5 22 5 4 98
$584,500 1,836 4,500 - 6,500 sqft 3 2 27 6 6 56
$454,500 1,397 4,500 - 6,500 sqft 2 2 31 4 10 70