Palm Desert Housing Market Report – July 2026
Here's a look at how the Palm Desert, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 128
- Median Sale Price: $566,750
- Average Sale Price: $671,976
- Average Price Per Sq Ft: $324
- Average Days on Market: 101
- Sale-to-List Price Ratio: 96.3%
Month-Over-Month Trends
Compared to June, the median sale price in Palm Desert moved 9.0% up (from $520,000 to $566,750). The number of homes sold was 32.3% down compared to the prior month (189 vs. 128). Average days on market shifted 5.2% up (96 days to 101 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 10.9% up (from $511,250 to $566,750). Sales volume is 11.1% down year-over-year.
What This Means
Palm Desert's housing market is showing classic summer slowdown characteristics, with fewer transactions but stubbornly higher prices. While home sales dropped 32 percent from June, this sharp decline is partly seasonal—July typically sees reduced buyer activity as families settle into summer routines. More telling is the year-over-year softness, with sales down 11 percent, suggesting underlying demand challenges beyond just seasonal timing. However, sellers aren't budging on pricing. The median sale price jumped nearly 9 percent month-over-month and is up almost 11 percent year-over-year, sitting at $566,750. This price resilience despite lower transaction volume suggests a disconnect between what sellers expect and current buyer appetite.
The inventory picture reveals why. With over 1,200 active listings sitting at a median asking price of $539,000, buyers have options—yet properties are averaging 108 days on market before listing. Homes that actually sell are closing at 96.3 percent of list price after an average 101 days, indicating a slower negotiation process. This is a seller's market slowly morphing into something more balanced. For buyers, the extended timelines and ample inventory mean room to negotiate. The condo-heavy sales mix (42 units) also suggests price-conscious buyers are gravitating toward more affordable options as interest rates remain elevated.
Palm Desert Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92211 | 73 | $586,000 | $313 | 96 |
| 92260 | 55 | $490,000 | $338 | 107 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 57 | $689,000 | $360 |
| CONDOS | 42 | $440,000 | $317 |
| MOBILE | 14 | $269,500 | $173 |
| CONDO | 9 | $577,500 | $365 |
| LAND | 5 | $586,000 | N/A |
| OTHER | 1 | $775,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 3 |
| $200K - $299K | 9 |
| $300K - $399K | 20 |
| $400K - $499K | 17 |
| $500K - $749K | 43 |
| $750K+ | 36 |
Current Active Listings
As of this report, there are 1,225 active listings in Palm Desert with a median asking price of $539,000 and an average of 108 days on market.
Thinking About Selling Your Palm Desert Home?
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