Cathi & Ben Walter's Market Report

Palm Springs, CA

Single-Family Homes

www.DesertAreaHomeFinder.com | 760-218-5752 | Cathi@DesertAreaHomeFinder.com



Palm Springs, CA

Sat Sep 19 2020
This week the median list price for Palm Springs, CA is $1,169,000 with the market action index hovering around 61. This is an increase over last month's market action index of 58. Inventory has held steady at or around 127. 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.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Palm Springs, CA

Sat Sep 19 2020
This week the median list price for Palm Springs, CA is $1,169,000 with the market action index hovering around 61. This is an increase over last month's market action index of 58. Inventory has held steady at or around 127. 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.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Palm Springs market.
Median List Price $1,169,000
Per Square Foot $444
Days on Market 67
Price Decreased 18%
Price Increased 5%
Relisted 7%
Inventory 127
Median Rent $3,998
Most Expensive $7,500,000
Least Expensive $274,000
Market Action 61
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.