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Palm Springs, CA 92262

Single-Family Homes

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Palm Springs, CA 92262

Sat Mar 02 2024
This week the median list price for Palm Springs, CA 92262 is $1,199,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 215. 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

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.

Palm Springs, CA 92262

Sat Mar 02 2024
This week the median list price for Palm Springs, CA 92262 is $1,199,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 215. 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

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 Palm Springs market.
Median List Price $1,199,000
Median Price of New Listings $1,150,000
Per Square Foot $622
Average Days on Market 100
Median Days on Market 77
Price Decreased 45%
Price Increased 2%
Relisted 20%
Inventory 215
Median Rent
Market Action 32
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$2,595,000 3,085 0.25 - 0.5 acre 4 3.5 47 8 5 91
$1,399,000 2,141 0.25 - 0.5 acre 3 2.5 34 4 1 73
$1,087,000 1,751 0.25 - 0.5 acre 3 2 49 6 4 94
$797,450 1,612 6,500 - 8,000 sqft 3 2 36 7 6 63