Thu Mar 23 2023
This week the median list price for Palm Springs, CA 92262 is $1,199,500 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has increased to 190.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$1,199,500|
|Median Price of New Listings||$1,276,500|
|Per Square Foot||$648|
|Average Days on Market||103|
|Median Days on Market||70|
|Slight Seller's Advantage|
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$2,600,000||2,924||0.25 - 0.5 acre||4||3.5||51||2||1||84|
|$1,395,000||2,152||0.25 - 0.5 acre||3||3||34||6||3||42|
|$1,100,000||1,813||0.25 - 0.5 acre||3||2||46||2||6||70|
|$767,450||1,524||8,000 - 10,000 sqft||3||2||41||4||4||73|