The Munselle Group's Market Report
Palm Springs, CA 92264
Single-Family Homes
Compass | www.themunsellegroup.com| 760-772-2411
Palm Springs, CA 92264
Thu Jun 04 2026
This week the median list price for Palm Springs, CA 92264 is $1,425,000 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has decreased to 123.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
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 | $1,425,000 | |
| Median Price of New Listings | $1,677,500 | |
| Per Square Foot | $661 | |
| Average Days on Market | 128 | |
| Median Days on Market | 98 | |
| Price Decreased | 42% | |
| Price Increased | 1% | |
| Relisted | 22% | |
| Inventory | 123 | |
| Median Rent | ||
| Market Action | 42 | |
| Slight Seller's Advantage | ||
This week prices in this zip code bumped up a bit but the trend of the last few weeks is generally downward. Look for an up shift in the Market Action Index before we see a significant rise in prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,095,000 | 3,846 | 0.25 - 0.5 acre | 4 | 3.5 | 46 | 0 | 1 | 112 |
| $1,699,000 | 2,426 | 0.25 - 0.5 acre | 3 | 3 | 61 | 3 | 3 | 77 |
| $1,195,000 | 1,773 | 0.25 - 0.5 acre | 3 | 2 | 62 | 1 | 3 | 98 |
| $749,000 | 1,659 | 6,500 - 8,000 sqft | 3 | 2 | 66 | 0 | 3 | 94 |