The Munselle Group

Palm Springs, CA 92264

Single-Family Homes

www.themunsellegroup.com| 760-772-2411



Palm Springs, CA 92264

Sun Jul 12 2020
This week the median list price for Palm Springs, CA 92264 is $879,000 with the market action index hovering around 41. This is an increase over last month's market action index of 37. Inventory has held steady at or around 55. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Palm Springs, CA 92264

Sun Jul 12 2020
This week the median list price for Palm Springs, CA 92264 is $879,000 with the market action index hovering around 41. This is an increase over last month's market action index of 37. Inventory has held steady at or around 55. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Palm Springs market.
Median List Price $879,000
Per Square Foot $400
Days on Market 144
Price Decreased 35%
Price Increased 2%
Relisted 15%
Inventory 55
Median Rent $3,500
Most Expensive $2,495,000
Least Expensive $145,000
Market Action 41
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
$1,899,000 3,658 0.25 - 0.5 acre 4 3 21 1 4 202
$1,097,000 2,611 0.25 - 0.5 acre 3 3 56 3 3 133
$804,475 2,257 0.25 - 0.5 acre 3 2 51 3 5 165
$526,500 1,406 8,000 - 10,000 sqft 3 2 56 2 2 78