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Palm Springs, CA 92262

Single-Family Homes

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Palm Springs, CA 92262

Sun Feb 09 2025
This week the median list price for Palm Springs, CA 92262 is $1,095,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has increased to 292. 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 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.

Palm Springs, CA 92262

Sun Feb 09 2025
This week the median list price for Palm Springs, CA 92262 is $1,095,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has increased to 292. 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 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

Never miss important changes in the Palm Springs market.
Median List Price $1,095,000
Median Price of New Listings $1,050,000
Per Square Foot $571
Average Days on Market 123
Median Days on Market 98
Price Decreased 39%
Price Increased 5%
Relisted 18%
Inventory 292
Median Rent
Market Action 28
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$2,195,000 2,812 0.25 - 0.5 acre 4 3 51 7 5 84
$1,275,000 2,030 0.25 - 0.5 acre 3 2 46 6 3 84
$950,000 1,724 0.25 - 0.5 acre 3 2 48 5 5 98
$699,000 1,584 6,500 - 8,000 sqft 3 2 42 9 5 105