Vine Property Group Market Report

Rancho Mirage, CA 92270

Single-Family Homes

Julie and Patrick Essig |760.989.7034 | julie@vinepropertygroup.com


Rancho Mirage, CA 92270

Mon Jul 27 2026
This week the median list price for Rancho Mirage, CA 92270 is $1,250,000 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has decreased to 198. Click here to stay informed with the Rancho Mirage market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Rancho Mirage, CA 92270

Mon Jul 27 2026
This week the median list price for Rancho Mirage, CA 92270 is $1,250,000 with the market action index hovering around 33. This is less than last month's market action index of 35. Inventory has decreased to 198. Click here to stay informed with the Rancho Mirage market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Rancho Mirage market.
Median List Price $1,250,000
Median Price of New Listings $859,000
Per Square Foot $446
Average Days on Market 163
Median Days on Market 130
Price Decreased 25%
Price Increased 1%
Relisted 27%
Inventory 198
Median Rent
Market Action 33
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,047,500 4,699 0.5 - 1 acre 4 4.5 20 0 7 164
$1,500,000 3,148 0.25 - 0.5 acre 3 3.5 25 0 5 133
$1,040,000 2,563 6,500 - 8,000 sqft 3 3 43 5 5 91
$729,000 2,071 6,500 - 8,000 sqft 3 2 24 3 3 119