Market Report from Cathi Walter

Palm Springs, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Palm Springs, CA

Wed Oct 22 2025
This week the median list price for Palm Springs, CA is $1,045,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has held steady at or around 335. 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

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Palm Springs, CA

Wed Oct 22 2025
This week the median list price for Palm Springs, CA is $1,045,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has held steady at or around 335. 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

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Palm Springs market.
Median List Price $1,045,000
Median Price of New Listings $1,360,000
Per Square Foot $559
Average Days on Market 132
Median Days on Market 77
Price Decreased 25%
Price Increased 1%
Relisted 16%
Inventory 335
Median Rent
Market Action 33
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
$2,012,500 2,849 0.25 - 0.5 acre 4 3 53 9 6 87
$1,270,000 2,150 0.25 - 0.5 acre 3 2.8 48 11 13 45
$899,450 1,730 8,000 - 10,000 sqft 3 2 46 4 12 115
$610,000 1,620 6,500 - 8,000 sqft 3 2 38 6 9 91