The Munselle Group's Market Report

Rancho Mirage, CA 92270

Condos/Townhomes

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



Rancho Mirage, CA 92270

Sun Nov 23 2025
This week the median list price for Rancho Mirage, CA 92270 is $595,444 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 104. Click here to stay informed with the Rancho Mirage market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Rancho Mirage, CA 92270

Sun Nov 23 2025
This week the median list price for Rancho Mirage, CA 92270 is $595,444 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 104. Click here to stay informed with the Rancho Mirage market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Rancho Mirage market.
Median List Price $595,444
Median Price of New Listings $649,700
Per Square Foot $331
Average Days on Market 117
Median Days on Market 49
Price Decreased 19%
Price Increased 0%
Relisted 12%
Inventory 104
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
$796,944 2,419 0 - 4,500 sqft 3 2.5 42 1 5 38
$654,400 1,997 0 - 4,500 sqft 3 2 45 6 7 35
$545,000 1,535 0 - 4,500 sqft 2 2 48 1 4 70
$388,000 1,173 0 - 4,500 sqft 2 1.8 50 3 5 161