Palm Desert Real Estate Market Update: Prices, Inventory & What’s Ahead for 2025

The Palm Desert real estate market is always evolving—and 2025 is shaping up to be an interesting year for buyers, sellers, and investors. Whether you’re curious about home values, inventory, or how long homes are sitting on the market, here’s a breakdown of what’s happening right now and what it means for you.

Home Prices in Palm Desert

• The median home value in Palm Desert is currently around $549,000 (Zillow, Redfin).

• Year-over-year, prices have dipped between 2–6%, showing signs of stabilization after years of rapid growth.

• In luxury neighborhoods like South Palm Desert, prices are trending upward instead—around $900,000, up 15.9% from last year.

Inventory & Days on Market (keywords: Palm Desert homes for sale, Palm Desert housing inventory)

• Inventory has increased by more than 30% across the Coachella Valley compared to last year.

• The average days on market in Palm Desert is now 69–84 days, giving buyers more breathing room to make decisions.

• Fewer bidding wars mean sellers need to be strategic with pricing.

Market Sentiment

• Buyers: Gaining negotiating power—many are asking for seller credits, inspection repairs, or price adjustments.

• Sellers: Still in a good position in luxury and golf course communities but should adjust expectations in mid-market neighborhoods.

Looking Ahead for 2025

• Stabilization, not crash. Prices are adjusting but not collapsing.

• Luxury demand stays strong. Out-of-town buyers and vacation homeowners continue driving the market in South Palm Desert and nearby Palm Springs.

• Buyers should watch interest rates. When rates ease, demand could heat up again, especially in affordable segments.

Final Thoughts
Overall, Palm Desert real estate in 2025 is about balance. Buyers have more power than they’ve had in years, while sellers in the right neighborhoods can still do very well. The key is working with a local Palm Desert realtor who understands both the numbers and the neighborhood dynamics—because in this market, it’s not one-size-fits-all.