Palm Desert (92260), CA Real Estate Market Update
This Week’s Market Overview
The median list price for Palm Desert, CA 92270 is $677,500, reflecting steady value in this vibrant Coachella Valley community known for golf resorts, shopping, and desert lifestyle appeal. Inventory currently stands at approximately 510 active homes, fostering balanced conditions with solid selection for buyers amid ongoing seasonal dynamics.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
- Current MAI: 34 (Balanced to Slight Seller’s Advantage)
- Last Month’s MAI: 35
The MAI has moderated slightly month-over-month, pointing to deliberate buyer engagement. Well-maintained properties in desirable neighborhoods, golf-adjacent settings, and updated homes continue to attract quicker interest and stronger activity.
Market Narrative
The 92260 market remains resilient with signs of adjustment entering 2026. Median sale prices hover near $608,000, down modestly around 2 percent year-over-year as buyers remain selective. Homes are averaging between 70 and 85 days on market with more evaluation time. Move-in-ready homes in prime locations generate consistent demand and reliable closings, while properties needing updates or in entry segments see extended timelines, frequent price adjustments, and improved negotiating leverage for purchasers.
Real-Time Market Profile
- Median List Price: $677,500
- Median Price of New Listings: $650,000
- Price per Square Foot: $390
- Average Days on Market: 80
- Median Days on Market: 70
- Price Decreased: 28% of listings
- Price Increased: 2% of listings
- Relisted Properties: 15%
- Inventory: 510 properties
- Median Rent: $4,500 / month
Market Segments
Palm Desert 92260 listings are divided into four pricing segments:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,000,000+ | 3,500+ | 0.3 – 1+ acre (gated/estate) | 4–6+ | 4–6+ | 5–30 yrs | 4 | 2 | 90 |
| $1,000,000 to $2,000,000 | 2,500 to 3,500 | 0.2 – 0.5 acre | 3–5 | 3–5 | 15–45 yrs | 12 | 8 | 80 |
| $600,000 to $1,000,000 | 1,800 to 2,500 | Condo / Patio Home / Small lot | 2–4 | 2–4 | 20–50 yrs | 20 | 14 | 70 |
| Under $600,000 | 1,200 to 1,800 | Condo / Townhome | 2–3 | 2–3 | 25–60 yrs | 15 | 10 | 65 |
Conclusion
Palm Desert 92260 continues as one of the Coachella Valley’s most appealing and accessible submarkets. With buyers benefiting from greater inventory and more decision time than in recent peaks, well-positioned and quality properties hold firm pricing support. Sellers who focus on preparation and competitive alignment achieve solid outcomes in sought-after areas, while buyers find expanded choices and enhanced flexibility across price ranges.
Contact Information
For personalized insights and exclusive opportunities in Palm Desert 92260, reach out to GrayWall Real Estate.
Stay informed with weekly market updates delivered straight to your inbox.