Palm Springs, CA 92264

The Munselle Group's Market Report

Palm Springs, CA 92264

Condos/Townhomes

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

Sat Mar 07 2026
This week the median list price for Palm Springs, CA 92264 is $495,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 171. Click here to stay informed with the Palm Springs market!

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

Strong Seller's Market

Median List Price		$495,000
Median Price of New Listings		$524,250
Per Square Foot		$379
Average Days on Market		107
Median Days on Market		70
Price Decreased		29%
Price Increased		1%
Relisted		19%
Inventory		171
Median Rent
Market Action		45
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$899,000	1,917	0 - 4,500 sqft	2	2	55	5	11	84
$549,900	1,404	0 - 4,500 sqft	2	2	49	6	9	49
$424,900	1,240	-	2	2	47	3	14	56
$296,500	794	-	1	1	48	4	11	84

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$899,000	1,917	0 - 4,500 sqft	2	2	55	5	11	84
$549,900	1,404	0 - 4,500 sqft	2	2	49	6	9	49
$424,900	1,240	-	2	2	47	3	14	56
$296,500	794	-	1	1	48	4	11	84

Median Price	Top $899,000	Upper $549,900	Lower $424,900	Bottom $296,500
Sq. Ft.	1,917	1,404	1,240	794
Lot Size	0 - 4,500 sqft	0 - 4,500 sqft	-	-
Beds	2	2	2	1
Baths	2	2	2	1
Age	55	49	47	48
New	5	6	3	4
Absorbed	11	9	14	11
DOM	84	49	56	84

The Munselle Group's Market Report