Palm Desert Housing Market Report – June 2026
Here's a look at how the Palm Desert, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 189
- Median Sale Price: $520,000
- Average Sale Price: $811,905
- Average Price Per Sq Ft: $345
- Average Days on Market: 96
- Sale-to-List Price Ratio: 96.7%
Month-Over-Month Trends
Compared to May, the median sale price in Palm Desert moved 5.5% down (from $550,000 to $520,000). The number of homes sold was 2.2% up compared to the prior month (185 vs. 189). Average days on market shifted 1.0% down (97 days to 96 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 1.4% down (from $527,500 to $520,000). Sales volume is 39.0% up year-over-year.
What This Means
Palm Desert's housing market is showing signs of modest cooling as we head into summer. The median price dipped 5.5% month-over-month to $520,000, continuing a gentle downward trend that's been underway year-over-year as well. What's interesting is that despite the price softening, homes are still selling relatively quickly at 96 days on market and fetching 96.7% of asking price. This suggests the market remains balanced rather than distressed, with buyers and sellers still finding common ground, just at slightly lower price points than spring.
The inventory picture tells an important story. With 1,216 active listings on the market—a substantial supply—sellers are increasingly competing for attention. These homes are taking about 104 days to sell, compared to the quicker 96-day pace for homes that actually close. This gap hints that some properties are struggling to attract offers, particularly those positioned above market value. For buyers, this represents genuine negotiating power, especially after months of tight inventory across the Coachella Valley.
Seasonally, this slowdown is typical for June as the summer heat discourages buyer activity. The year-over-year metrics suggest the market has normalized considerably from 2025, settling into a more sustainable rhythm.
Palm Desert Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92211 | 111 | $510,000 | $311 | 94 |
| 92260 | 78 | $529,000 | $395 | 98 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 104 | $595,000 | $373 |
| CONDOS | 54 | $449,500 | $348 |
| MOBILE | 20 | $286,500 | $198 |
| CONDO | 8 | $509,500 | $334 |
| MULTI_FAMILY | 2 | $2,162,500 | N/A |
| OTHER | 1 | $3,850,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 2 |
| $200K - $299K | 12 |
| $300K - $399K | 37 |
| $400K - $499K | 39 |
| $500K - $749K | 47 |
| $750K+ | 52 |
Current Active Listings
As of this report, there are 1,216 active listings in Palm Desert with a median asking price of $541,062 and an average of 104 days on market.
Thinking About Selling Your Palm Desert Home?
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