Kevin Stern / Town Real Estate

Palm Springs, CA

Single-Family Homes

www.TownCA.com | 760-250-1977 | kevin@kevinstern.com | CalDRE #01376548



Palm Springs, CA

Tue Jul 01 2025
This week the median list price for Palm Springs, CA is $1,092,500 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has held steady at or around 464. Click here to stay informed with the Palm Springs market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Palm Springs, CA

Tue Jul 01 2025
This week the median list price for Palm Springs, CA is $1,092,500 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has held steady at or around 464. Click here to stay informed with the Palm Springs market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Palm Springs market.
Median List Price $1,092,500
Median Price of New Listings $1,050,495
Per Square Foot $587
Average Days on Market 149
Median Days on Market 105
Price Decreased 36%
Price Increased 6%
Relisted 14%
Inventory 464
Median Rent
Market Action 29
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,497,500 3,312 0.25 - 0.5 acre 4 3.8 45 4 4 105
$1,333,000 2,210 0.25 - 0.5 acre 3 2.5 47 9 5 91
$919,500 1,659 0.25 - 0.5 acre 3 2 48 10 8 105
$692,500 1,524 6,500 - 8,000 sqft 3 2 44 5 10 126