The Munselle Group

Palm Springs, CA 92264

Condos/Townhomes

www.themunsellegroup.com| 760-772-2411



Palm Springs, CA 92264

Sat Jul 11 2020
This week the median list price for Palm Springs, CA 92264 is $309,000 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has held steady at or around 105. 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

Sat Jul 11 2020
This week the median list price for Palm Springs, CA 92264 is $309,000 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has held steady at or around 105. 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 $309,000
Per Square Foot $217
Days on Market 108
Price Decreased 29%
Price Increased 0%
Relisted 14%
Inventory 105
Median Rent $1,900
Most Expensive $725,000
Least Expensive $160,000
Market Action 38
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
$424,500 1,740 0 - 4,500 sqft 2 2 48 2 6 114
$354,250 1,512 0 - 4,500 sqft 2 2 46 5 5 149
$274,950 1,240 0 - 4,500 sqft 2 2 40 2 7 90
$182,500 992 0 - 4,500 sqft 2 2 42 4 4 77