Kevin Stern / Town Real Estate

Palm Desert, CA

Single-Family Homes

www.TownCA.com | 760-250-1977 | kevin@kevinstern.com | CalDRE #01376548



Palm Desert, CA

Tue Jul 01 2025
This week the median list price for Palm Desert, CA is $788,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 394. 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 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

Tue Jul 01 2025
This week the median list price for Palm Desert, CA is $788,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 394. 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 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 $788,000
Median Price of New Listings $629,242
Per Square Foot $364
Average Days on Market 114
Median Days on Market 91
Price Decreased 43%
Price Increased 6%
Relisted 14%
Inventory 394
Median Rent
Market Action 31
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,695,000 3,167 0.25 - 0.5 acre 4 3.5 34 2 8 119
$920,000 2,506 8,000 - 10,000 sqft 3 3 26 5 5 91
$659,000 1,962 6,500 - 8,000 sqft 3 2.5 27 8 9 84
$489,000 1,579 4,500 - 6,500 sqft 2 2 32 9 14 73