Condos & Condominiums Market Report — Palm Desert, CA
Median price $480,000 with a hot market, 865 closed sales, and 72.1 months of supply.
Get your Palm Desert home value instantly — Text your address to (909) 566-2866 → receive comps in seconds
Prefer typing? Use the web tool →Certified Residential Appraiser Lic #041145 | CA AMC Lic #3006906
Market Summary
What's Your Condos & Condominiums Worth in Palm Desert?
Based on 865 recent closed sales, a typical condos & condominiums in Palm Desert falls in this range:
$384,000 – $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 →Supply & Demand
Activity
Active listings: 1,562
Pending: 170
Closed / month: 72.1
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
Monthly Trend Chart
📈 Rising trend · 72.1 sales/month average
Recent Sales
320 Bright Rock
Close Price: $1,700,000
Close Date: 2026-05-22
Beds / Baths: 3 / 4
Sq Ft: 2,712
$/sf: $627
320 Bright Rock
Close Price: $1,700,000
Close Date: 2026-05-22
Beds / Baths: 3 / 4
Sq Ft: 2,712
$/sf: $627
38306 Gazania
Close Price: $875,000
Close Date: 2026-05-22
Beds / Baths: 3 / 3
Sq Ft: 1,918
$/sf: $456
76955 Turendot
Close Price: $325,000
Close Date: 2026-05-22
Beds / Baths: 2 / 3
Sq Ft: 1,380
$/sf: $236
38306 Gazania
Close Price: $875,000
Close Date: 2026-05-22
Beds / Baths: 3 / 3
Sq Ft: 1,918
$/sf: $456
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 — not just the last sale in the building.
Condos & Condominiums FAQ
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.
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