Market Report

Palm Springs, CA 92262

Single-Family Homes

Chartwell Escrow



Palm Springs, CA 92262

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. 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 Seller's Advantage

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.

Palm Springs, CA 92262

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. 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 Seller's Advantage

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 Palm Springs market.
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
Price Decreased 47%
Price Increased 3%
Relisted 16%
Inventory 190
Median Rent
Market Action 32
Slight Seller's Advantage

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
$2,600,000 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