The Munselle Group's Market Report

Palm Springs, CA 92264

Single-Family Homes

Compass | www.themunsellegroup.com| 760-772-2411



Palm Springs, CA 92264

Wed Jul 30 2025
This week the median list price for Palm Springs, CA 92264 is $1,512,499 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has decreased to 106. 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 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 92264

Wed Jul 30 2025
This week the median list price for Palm Springs, CA 92264 is $1,512,499 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has decreased to 106. 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 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 $1,512,499
Median Price of New Listings $1,300,000
Per Square Foot $654
Average Days on Market 136
Median Days on Market 112
Price Decreased 38%
Price Increased 0%
Relisted 18%
Inventory 106
Median Rent
Market Action 31
Slight Seller's Advantage

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
$2,500,000 3,342 0.25 - 0.5 acre 4 3.8 36 1 3 98
$1,659,500 2,385 0.25 - 0.5 acre 3 3 63 1 2 119
$1,199,000 1,806 8,000 - 10,000 sqft 3 2 59 2 4 84
$689,000 1,424 6,500 - 8,000 sqft 3 2 66 1 1 147