Riverside County ยท ๐Ÿข Condos & Condominiums
Updated today ยท based on latest MLS activity

Condos & Condominiums Market Report โ€” Palm Desert, CA

Median price $480,000 with a hot market, 671 closed sales, and 55.9 months of supply.

Get your Palm Desert home value instantly โ€” Text your address to (909) 566-2866 โ†’ receive comps in seconds

Prefer typing? Use the web tool โ†’

Certified Residential Appraiser Lic #041145 | CA AMC Lic #3006906

Market Summary

$480,000
Median Price
$318.1/sf
Median PSF
-6.8%
Price Change
Hot
Market Temperature
55.9 mo
Absorption Rate
๐Ÿ“‰ Seller
Market Type

What's Your Condos & Condominiums Worth in Palm Desert?

Based on 671 recent closed sales, a typical condos & condominiums in Palm Desert falls in this range:

$384,000 โ€“ $576,000

Actual value depends on size, condition, location, and lot. Text your address for a precise estimate.

Text (909) 566-2866 for Your Value โ†’

Supply & Demand

Activity

Active listings: 405

Pending: 6

Closed / month: 55.9

Market balance: Seller Strong

Recommendation

Use recent condos & condominiums sales to price for a hot market in Palm Desert.

Review pending count and active supply before making price or offer timing decisions in this hot segment.

Inventory

405
Active
6
Pending
31
Closed 30d
100
Closed 90d
$480,000
Median Active Price
121
Avg Days Active

Monthly Trend Chart

$450,000
25-11
$544,500
25-12
$522,000
26-01
$470,000
26-02
$485,000
26-03
$465,000
26-04
$486,500
26-05
$457,500
26-06
$445,000
26-07
$467,500
26-08
$409,250
26-09
$460,000
26-10

๐Ÿ“‰ Falling trend ยท 55.9 sales/month average

Recent Sales

74800 Sheryl

Close Price: $250,000

Close Date: 2026-10-22

Beds / Baths: 2 / 2

Sq Ft: 817

$/sf: $306

544 Desert Holly

Close Price: $670,000

Close Date: 2026-10-21

Beds / Baths: 2 / 2

Sq Ft: 1,536

$/sf: $436

45410 Sunset

Close Price: $340,000

Close Date: 2026-10-21

Beds / Baths: 2 / 2

Sq Ft: 915

$/sf: $372

312 Sierra Madre

Close Price: $449,000

Close Date: 2026-10-20

Beds / Baths: 2 / 2

Sq Ft: 1,347

$/sf: $333

42677 Turqueries

Close Price: $425,000

Close Date: 2026-10-19

Beds / Baths: 2 / 2

Sq Ft: 1,384

$/sf: $307

What to Know About Condos & Condominiums in Palm Desert

Condominiums in Palm Desert serve a distinct slice of the Inland Empire market where buyers balance payment sensitivity with convenience, amenities, and lower maintenance ownership. The clearest pricing differences usually come from HOA quality, project reputation, parking, and whether a unit feels competitive with nearby entry-level detached options.

For Condo Buyers & Investors in Palm Desert

Condo valuations in Palm Desert depend heavily on HOA financials, special assessment history, and comparable sales within the same complex. Lenders scrutinize condo project approval status, warrantability, and owner-occupancy ratios.

Thomas Appraisal has deep experience with condo valuations across Southern California. Whether you are buying, selling, or refinancing, get a certified appraisal that reflects true market value โ€” not just the last sale in the building.

Condos & Condominiums FAQ

For condos in Palm Desert, buyers usually compare the complex first and the unit second. HOA quality, amenities, parking, floor level, view, and monthly dues often matter as much as square footage when explaining price differences.
Yes. Higher dues can be supported when they clearly cover strong amenities, exterior maintenance, or gated access, but they can also cap buyer affordability. In Palm Desert, condo pricing works best when you compare units with similar HOA obligations and community quality.
Usually no. Detached condos in Palm Desert often compete with small single-family homes, while attached units compete more directly inside the same project type. Keeping those groups separate helps preserve a cleaner value range.
Condo buyers in the Inland Empire are highly sensitive to community feel, financing friendliness, and shared-area maintenance. Two nearby projects in Palm Desert can show very different pricing if one has stronger upkeep, better parking, or lower perceived risk.
Lionel Newman Thomas

Your Appraiser: Lionel Newman Thomas

Certified Residential Appraiser Lic #041145 | CA AMC Lic #3006906

Certified Residential Real Estate Appraiser with 17 years of experience serving the Inland Empire and greater Southern California. Lionel provides accurate, defensible valuations backed by CRMLS data and deep local market knowledge.

๐Ÿ“ž (909) 266-0644 ๐Ÿ’ฌ Text (909) 566-2866

Other Palm Desert Property Reports

Nearby Cities

Get your Palm Desert home value instantly

Text your address to (909) 566-2866 โ†’ receive comps in seconds

Prefer typing? Use the web tool โ†’
Free during Founding Access

Why Agents & Homeowners Trust Thomas Appraisal

Get Your Palm Desert Condos & Condominiums Appraisal

Certified residential appraisal by a licensed appraiser with 17 years of experience.

We respond within 10 minutes during business hours. No spam, ever.

Back to Palm Desert

โ† All Palm Desert property reports