The Munselle Group

Palm Springs, CA 92264

Single-Family Homes

www.themunsellegroup.com| 760-772-2411



Palm Springs, CA 92264

Sun Jul 05 2020
This week the median list price for Palm Springs, CA 92264 is $880,000 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has held steady at or around 60. Click here to stay informed with the Palm Springs market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Palm Springs, CA 92264

Sun Jul 05 2020
This week the median list price for Palm Springs, CA 92264 is $880,000 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has held steady at or around 60. Click here to stay informed with the Palm Springs market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Palm Springs market.
Median List Price $880,000
Per Square Foot $403
Days on Market 157
Price Decreased 37%
Price Increased 2%
Relisted 15%
Inventory 60
Median Rent $3,500
Most Expensive $2,975,000
Least Expensive $124,900
Market Action 39
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
$1,995,000 3,658 0.5 - 1 acre 4 3 24 0 0 191
$1,328,000 2,876 0.25 - 0.5 acre 3 3 47 0 1 168
$839,000 2,227 0.25 - 0.5 acre 3 3 54 1 6 160
$550,000 1,456 8,000 - 10,000 sqft 3 2 56 0 3 107