The Munselle Group

Rancho Mirage, CA 92270

Condos/Townhomes

www.themunsellegroup.com| 760-772-2411


Rancho Mirage, CA 92270

Mon Sep 28 2020
This week the median list price for Rancho Mirage, CA 92270 is $395,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 103. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Rancho Mirage, CA 92270

Mon Sep 28 2020
This week the median list price for Rancho Mirage, CA 92270 is $395,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 103. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Rancho Mirage market.
Median List Price $395,000
Per Square Foot $217
Days on Market 118
Price Decreased 27%
Price Increased 3%
Relisted 17%
Inventory 103
Median Rent $3,800
Most Expensive $1,450,000
Least Expensive $135,000
Market Action 40
Slight Seller's Advantage

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