Cathi & Ben Walter's Market Report

Palm Desert, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Palm Desert, CA

Fri Oct 30 2020
This week the median list price for Palm Desert, CA is $649,900 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 193. 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.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Palm Desert, CA

Fri Oct 30 2020
This week the median list price for Palm Desert, CA is $649,900 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 193. 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.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Palm Desert market.
Median List Price $649,900
Per Square Foot $282
Days on Market 124
Price Decreased 27%
Price Increased 5%
Relisted 14%
Inventory 193
Median Rent $3,800
Most Expensive $10,950,000
Least Expensive $205,000
Market Action 48
Strong Seller's Market

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
$1,955,000 4,601 0.25 - 0.5 acre 4 4 20 6 6 176
$898,950 3,054 0.25 - 0.5 acre 3 3 27 2 8 129
$539,000 2,228 8,000 - 10,000 sqft 3 2 22 12 8 72
$349,900 1,527 4,500 - 6,500 sqft 2 2 27 11 8 119