The Munselle Group's Market Report
Palm Springs, CA 92264
Condos/Townhomes
Compass | www.themunsellegroup.com| 760-772-2411
Palm Springs, CA 92264
Fri Jun 05 2026
This week the median list price for Palm Springs, CA 92264 is $435,000 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has increased to 204.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $435,000 | |
| Median Price of New Listings | $452,000 | |
| Per Square Foot | $336 | |
| Average Days on Market | 111 | |
| Median Days on Market | 70 | |
| Price Decreased | 46% | |
| Price Increased | 0% | |
| Relisted | 11% | |
| Inventory | 204 | |
| Median Rent | ||
| Market Action | 45 | |
| Strong Seller's Market | ||
Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.
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 |
|---|---|---|---|---|---|---|---|---|
| $870,900 | 1,868 | 0 - 4,500 sqft | 2 | 2 | 55 | 2 | 2 | 77 |
| $499,000 | 1,404 | 0 - 4,500 sqft | 2 | 2 | 50 | 1 | 4 | 63 |
| $387,900 | 1,200 | 0 - 4,500 sqft | 2 | 2 | 47 | 3 | 4 | 63 |
| $269,000 | 775 | 0 - 4,500 sqft | 1 | 1 | 48 | 0 | 1 | 84 |