Palm Desert Housing Market Report – April 2026
Here's a look at how the Palm Desert, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 195
- Median Sale Price: $563,000
- Average Sale Price: $703,691
- Average Price Per Sq Ft: $336
- Average Days on Market: 89
- Sale-to-List Price Ratio: 96.6%
Month-Over-Month Trends
Compared to March, the median sale price in Palm Desert moved 0.2% up (from $562,000 to $563,000). The number of homes sold was 6.2% down compared to the prior month (208 vs. 195). Average days on market shifted 3.3% down (92 days to 89 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 2.6% up (from $548,500 to $563,000). Sales volume is 5.3% down year-over-year.
What This Means
Palm Desert's housing market is showing modest resilience in April, though underlying currents suggest caution. The median price ticked up just 0.2% month-over-month to $563,000, and year-over-year gains of 2.6% are solid but hardly dramatic. More telling is the sales volume decline of 6.2% from March and 5.3% year-over-year, signaling fewer buyers are actively purchasing despite relatively stable pricing. The silver lining is that homes are selling faster, with days on market dropping to 89 from 92, and sellers are capturing 96.6% of asking prices, which indicates decent buyer interest for well-positioned properties.
The inventory picture reveals a market in flux. With 1,159 active listings and homes averaging 92 days on market, there's ample supply—roughly a six-month inventory situation. This abundance is keeping downward pressure on prices even as the sale-to-list ratio remains respectable. The composition is heavily weighted toward single-family homes and condos, which reflects the typical Palm Desert demographic seeking winter getaways and retirement living.
The real story here is normalization. After years of investor frenzy and pandemic-driven demand, Palm Desert is settling into a balanced market where higher interest rates, inflation concerns, and seasonal factors are naturally cooling activity. It's a buyer's market with patience, but sellers shouldn't expect bidding wars.
Palm Desert Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92211 | 115 | $560,000 | $315 | 89 |
| 92260 | 80 | $596,750 | $368 | 89 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 103 | $643,500 | $355 |
| CONDOS | 80 | $472,000 | $330 |
| MOBILE | 9 | $330,000 | $176 |
| LAND | 1 | $675,000 | N/A |
| MULTI_FAMILY | 1 | $860,000 | $282 |
| TOWNHOMES | 1 | $677,250 | $356 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 3 |
| $200K - $299K | 6 |
| $300K - $399K | 32 |
| $400K - $499K | 39 |
| $500K - $749K | 72 |
| $750K+ | 43 |
Current Active Listings
As of this report, there are 1,159 active listings in Palm Desert with a median asking price of $549,000 and an average of 92 days on market.
Thinking About Selling Your Palm Desert Home?
If you're a homeowner in Palm Desert considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Palm Desert and throughout Riverside County — get a no-obligation cash offer today.