Market Report

Palm Springs, CA 92264

Single-Family Homes

Chartwell Escrow



Palm Springs, CA 92264

Sun Feb 09 2025
This week the median list price for Palm Springs, CA 92264 is $1,589,000 with the market action index hovering around 29. This is an increase over last month's market action index of 27. Inventory has increased to 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.

Slight Buyer's Advantage

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Palm Springs, CA 92264

Sun Feb 09 2025
This week the median list price for Palm Springs, CA 92264 is $1,589,000 with the market action index hovering around 29. This is an increase over last month's market action index of 27. Inventory has increased to 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.

Slight Buyer's Advantage

Market Narrative

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Palm Springs market.
Median List Price $1,589,000
Median Price of New Listings $1,674,500
Per Square Foot $673
Average Days on Market 118
Median Days on Market 84
Price Decreased 42%
Price Increased 4%
Relisted 24%
Inventory 127
Median Rent
Market Action 29
Slight Buyer'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
$2,995,000 3,510 0.25 - 0.5 acre 4 3.5 39 3 0 77
$1,937,500 2,519 0.25 - 0.5 acre 4 3 61 4 2 94
$1,287,000 1,941 0.25 - 0.5 acre 3 2 53 4 3 87
$872,450 1,518 6,500 - 8,000 sqft 3 2 66 3 0 80