Your Current Local Market Report
Rancho Mirage, CA 92270
Single-Family Homes
Kevin Wahlstrom 760.250.8486| Mary O'Malley Hernandez 760.521.4623
Rancho Mirage, CA 92270
Fri Nov 06 2026
This week the median list price for Rancho Mirage, CA 92270 is $1,270,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has increased to 221.
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
| Median List Price | $1,270,000 | |
| Median Price of New Listings | $1,324,500 | |
| Per Square Foot | $471 | |
| Average Days on Market | 143 | |
| Median Days on Market | 84 | |
| Price Decreased | 24% | |
| Price Increased | 0% | |
| Relisted | 16% | |
| Inventory | 221 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,395,000 | 4,372 | 0.25 - 0.5 acre | 4 | 4.5 | 20 | 5 | 7 | 84 |
| $1,465,000 | 3,068 | 6,500 - 8,000 sqft | 3 | 3 | 26 | 6 | 2 | 42 |
| $1,075,000 | 2,509 | 8,000 - 10,000 sqft | 3 | 3 | 35 | 4 | 4 | 112 |
| $749,000 | 2,071 | 6,500 - 8,000 sqft | 3 | 2.5 | 25 | 1 | 2 | 98 |