SELLER'S MARKET < 4-MONTH SUPPLY | BALANCED MARKET = 5 TO 7-MONTH SUPPLY | BUYER'S MARKET > 7-MONTH

 The Bermuda Dunes real estate market is currently favoring buyers, with a 7.5-month supply of homes available. This elevated inventory level suggests a slower-paced market where buyers have more options and stronger negotiating power.

Homes are spending an average of 51 days on the market, indicating a moderately brisk selling pace compared to other buyer-leaning markets. Sellers are receiving approximately 97.9% of their original asking price, reflecting a small but noticeable margin for negotiation.

As of March 2025, the median sale price in Bermuda Dunes was $595,000, marking a significant 19% decrease compared to the previous year. Meanwhile, the median list price was around $600,000, showing that many homes are selling slightly below their initial listing prices.

Current conditions suggest increased opportunities for buyers, with ample inventory and some room for price adjustments. Sellers may need to fine-tune their pricing strategies and be prepared for longer marketing periods to successfully close sales.