Palm Desert Housing Market Report – March 2026

Here's a look at how the Palm Desert, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

Homes Sold: 208
Median Sale Price: $562,000
Average Sale Price: $716,093
Average Price Per Sq Ft: $359
Average Days on Market: 92
Sale-to-List Price Ratio: 96.9%

Month-Over-Month Trends

Compared to February, the median sale price in Palm Desert moved 5.4% down (from $594,000 to $562,000). The number of homes sold was 61.2% up compared to the prior month (129 vs. 208). Average days on market shifted 13.6% up (81 days to 92 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 2.2% up (from $550,000 to $562,000). Sales volume is 5.6% up year-over-year.

What This Means

Palm Desert is showing mixed signals this March, with a spring surge in activity that's masking some underlying softness in prices. Sales volume jumped dramatically—up 61 percent month-over-month to 208 homes—which is typical as the market wakes up after winter. But here's the catch: the median price dropped 5.4 percent from February, suggesting buyers are getting more negotiating power. That 96.9 percent sale-to-list ratio indicates homes are still selling close to asking, but the fact that prices retreated while inventory sits relatively high at 1,107 active listings tells us sellers may finally be adjusting expectations downward.

The year-over-year picture is steadier—median prices up 2.2 percent and sales up 5.6 percent—but the month-to-month dip is worth watching. Days on market crept up to 92 from 81, suggesting homes aren't flying off shelves quite as fast despite the spring boost. With active listings sitting near the asking price of $550,000 while homes are actually selling for $562,000, we're seeing a market in slight correction mode. For buyers, this is one of the better moments we've had in a while to negotiate.

Palm Desert Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
92211	115	$549,000	$330	83
92260	93	$590,000	$395	102

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	108	$657,500	$391
CONDOS	79	$485,000	$347
MOBILE	16	$305,000	$195
CONDO	2	$657,500	$427
LAND	2	$1,142,000	N/A
OTHER	1	$960,000	N/A

Sales by Price Range

Price Range	Homes Sold
$100K - $199K	2
$200K - $299K	11
$300K - $399K	31
$400K - $499K	39
$500K - $749K	66
$750K+	59

Current Active Listings

As of this report, there are 1,107 active listings in Palm Desert with a median asking price of $550,000 and an average of 91 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 the Central Valley — get a no-obligation cash offer today.