Palm Desert, CA
Housing market overview · Updated weekly
$556,000median sale price
Homes sold
120
Last 12 weeks
Days on market
84
Average pace
Active listings
764
6.4 months supply
Sale-to-list
96.3%
Below asking
The Palm Desert housing market is currently classified as a buyer's market with a median sale price of $556,000. Prices have fallen 13.1% compared to last year, with homes spending an average of 84 days on market, indicating 6.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Palm Desert
There are currently 764 homes listed for sale in Palm Desert, California. The median listing price is $650K.
Active listings
764
Homes on market
Median list price
$650K
Avg. days on market
84
Days until sale
New this week
190
Newly listed
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Frequently asked questions
What is the average home price in Palm Desert?
The median home sale price in Palm Desert is $556,000, down 13.1% from last year.
How long do homes stay on market in Palm Desert?
Homes typically spend 84 days on market before going under contract.
Is Palm Desert a buyer's or seller's market?
With 6.4 months of supply, Palm Desert is currently a buyer's market.
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