Kevin Stern / Town Real Estate

Rancho Mirage, CA

Single-Family Homes

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



Rancho Mirage, CA

Fri Sep 12 2025
This week the median list price for Rancho Mirage, CA is $1,291,500 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 180. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Rancho Mirage, CA

Fri Sep 12 2025
This week the median list price for Rancho Mirage, CA is $1,291,500 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 180. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Rancho Mirage market.
Median List Price $1,291,500
Median Price of New Listings $1,275,000
Per Square Foot $464
Average Days on Market 145
Median Days on Market 137
Price Decreased 20%
Price Increased 2%
Relisted 18%
Inventory 180
Median Rent
Market Action 33
Slight Seller'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
$4,195,000 4,823 0.5 - 1 acre 4 4.5 19 0 3 161
$1,595,000 3,152 0.25 - 0.5 acre 3 3 27 9 7 98
$1,089,000 2,509 8,000 - 10,000 sqft 3 2.5 26 5 5 133
$799,000 2,079 6,500 - 8,000 sqft 3 2 22 5 3 140