Palm Springs, CA 92264

The Drummond Team's Market Report

Palm Springs, CA 92264

Condos/Townhomes

The Agency | www.thedrummondteam.com | 760-772-2411

Mon Aug 03 2026
This week the median list price for Palm Springs, CA 92264 is $437,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has decreased to 170. Click here to stay informed with the Palm Springs market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Median List Price		$437,000
Median Price of New Listings		$365,500
Per Square Foot		$343
Average Days on Market		133
Median Days on Market		98
Price Decreased		40%
Price Increased		1%
Relisted		17%
Inventory		170
Median Rent
Market Action		35
Slight Seller's Advantage

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

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$949,000	1,967	0 - 4,500 sqft	2	2.3	55	1	2	105
$499,499	1,444	0 - 4,500 sqft	2	2	52	1	2	101
$379,000	1,175	0 - 4,500 sqft	2	2	47	2	3	77
$249,000	755	0 - 4,500 sqft	1	1	47	2	2	101

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$949,000	1,967	0 - 4,500 sqft	2	2.3	55	1	2	105
$499,499	1,444	0 - 4,500 sqft	2	2	52	1	2	101
$379,000	1,175	0 - 4,500 sqft	2	2	47	2	3	77
$249,000	755	0 - 4,500 sqft	1	1	47	2	2	101

Median Price	Top $949,000	Upper $499,499	Lower $379,000	Bottom $249,000
Sq. Ft.	1,967	1,444	1,175	755
Lot Size	0 - 4,500 sqft	0 - 4,500 sqft	0 - 4,500 sqft	0 - 4,500 sqft
Beds	2	2	2	1
Baths	2.3	2	2	1
Age	55	52	47	47
New	1	1	2	2
Absorbed	2	2	3	2
DOM	105	101	77	101

The Drummond Team's Market Report