Market Report from Cathi Walter

Palm Desert, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Palm Desert, CA

Sun May 25 2025
This week the median list price for Palm Desert, CA is $786,000 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has held steady at or around 430. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Palm Desert, CA

Sun May 25 2025
This week the median list price for Palm Desert, CA is $786,000 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has held steady at or around 430. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $786,000
Median Price of New Listings $779,000
Per Square Foot $365
Average Days on Market 100
Median Days on Market 70
Price Decreased 56%
Price Increased 2%
Relisted 14%
Inventory 430
Median Rent
Market Action 30
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
$1,693,000 3,200 0.25 - 0.5 acre 4 3.5 34 6 4 84
$899,000 2,477 8,000 - 10,000 sqft 3 2.5 26 8 1 70
$669,950 2,002 6,500 - 8,000 sqft 3 2 27 8 5 70
$489,000 1,557 4,500 - 6,500 sqft 2 2 31 7 7 63