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 Jun 10 2026
This week the median list price for Palm Springs, CA 92264 is $1,499,000 with the market action index hovering around 41. This is less than last month's market action index of 44. Inventory has decreased to 117. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Palm Springs, CA 92264

Wed Jun 10 2026
This week the median list price for Palm Springs, CA 92264 is $1,499,000 with the market action index hovering around 41. This is less than last month's market action index of 44. Inventory has decreased to 117. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Palm Springs market.
Median List Price $1,499,000
Median Price of New Listings $2,250,000
Per Square Foot $659
Average Days on Market 120
Median Days on Market 84
Price Decreased 34%
Price Increased 0%
Relisted 18%
Inventory 117
Median Rent
Market Action 41
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
$3,295,000 3,956 0.25 - 0.5 acre 4 3.5 37 4 4 105
$1,895,000 2,665 0.25 - 0.5 acre 4 3 64 2 3 63
$1,195,000 1,810 0.25 - 0.5 acre 3 2 62 2 5 84
$797,000 1,723 6,500 - 8,000 sqft 3 2 66 1 5 91