Mon Nov 18 2019
This week the median list price for Rancho Mirage, CA 92270 is $772,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 302.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$772,000|
|Per Square Foot||$266|
|Days on Market||164|
|Slight Buyer'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|
|$2,295,000||5,551||0.5 - 1 acre||4||5||19||7||3||255|
|$999,000||3,521||0.25 - 0.5 acre||3||3||18||8||4||159|
|$649,500||2,856||8,000 - 10,000 sqft||3||3||35||4||5||115|
|$489,000||2,300||6,500 - 8,000 sqft||3||3||35||8||5||128|