Palm Desert home sales surge year-over-year amid small drop in prices and lower than average sales in the rest of the valley

According to the latest Greater Palm Springs Realtors Desert Housing Report, the median price for an average-sized detached home in Palm Desert fell 2.9% to $711,200 compared to the year before while attached home prices fell 2.4% to $514,200.

All valley cities except for Coachella saw decreases in detached home prices year over year, and only Indian Wells saw an average price increase in the attached home market.

The median price of an average-sized detached home in the Coachella Valley last month was $675,000, a decrease of 3.6% compared to last year. Attached home prices were up 2.1% to $490,000.

Palm Desert recorded 178 sales during the three-month period ending in May, an increase of 10 homes compared to 168 sales in 2025. Palm Desert and Palm Springs saw the highest volume of sales and valley-wide, sales valley-wide are down about 19.3% below average.

The report measured the valley’s housing inventory divided by recent sales, and determined that the housing market is moving into a more balanced market, not favoring either buyers or sellers.

Palm Desert’s inventory of housing units shrank compared to last year, with 754 homes on the market at the start of this month compared to 776 last year. Valley-wide, inventory is down 8% year-over-year to 3,358 units.

Compared to some other valley cities, homes in Palm Desert are taking longer to sell than last year. The average home took 52 days to sell compared to 48 last year. In Coachella homes are selling in an average of 24 days, more than twice as fast as Palm Desert.