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Palm Springs, CA 92262

Single-Family Homes

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Palm Springs, CA 92262

Mon Jun 30 2025
This week the median list price for Palm Springs, CA 92262 is $995,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 311. 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

Market Narrative

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.

Palm Springs, CA 92262

Mon Jun 30 2025
This week the median list price for Palm Springs, CA 92262 is $995,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 311. 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

Market Narrative

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Palm Springs market.
Median List Price $995,000
Median Price of New Listings $1,037,000
Per Square Foot $552
Average Days on Market 147
Median Days on Market 105
Price Decreased 37%
Price Increased 3%
Relisted 14%
Inventory 311
Median Rent
Market Action 30
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,997,499 2,965 0.25 - 0.5 acre 4 3.5 35 3 4 105
$1,149,500 1,819 0.25 - 0.5 acre 3 2.4 46 9 3 101
$892,000 1,696 0.25 - 0.5 acre 3 2 46 4 7 94
$675,000 1,492 6,500 - 8,000 sqft 3 2 38 4 6 126