The Munselle Group

Palm Desert, CA 92211

Single-Family Homes

www.themunsellegroup.com| 760-772-2411



Palm Desert, CA 92211

Sat Jul 11 2020
This week the median list price for Palm Desert, CA 92211 is $469,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 160. 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 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

Sat Jul 11 2020
This week the median list price for Palm Desert, CA 92211 is $469,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has held steady at or around 160. 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 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 $469,000
Per Square Foot $239
Days on Market 131
Price Decreased 25%
Price Increased 1%
Relisted 11%
Inventory 160
Median Rent $2,900
Most Expensive $4,999,000
Least Expensive $240,000
Market Action 37
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
$999,000 3,371 0.25 - 0.5 acre 4 4 21 1 5 237
$525,450 2,311 8,000 - 10,000 sqft 3 2 20 4 6 89
$411,750 1,856 6,500 - 8,000 sqft 3 2 23 7 9 83
$299,000 1,365 4,500 - 6,500 sqft 2 2 27 10 7 114