Market Report
Palm Springs, CA 92264
Single-Family Homes
Chartwell Escrow
Palm Springs, CA 92264
Fri May 09 2025
This week the median list price for Palm Springs, CA 92264 is $1,585,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 158.
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
| Median List Price | $1,585,000 | |
| Median Price of New Listings | $1,287,000 | |
| Per Square Foot | $662 | |
| Average Days on Market | 130 | |
| Median Days on Market | 81 | |
| Price Decreased | 47% | |
| Price Increased | 2% | |
| Relisted | 20% | |
| Inventory | 158 | |
| Median Rent | ||
| Market Action | 27 | |
| Slight Buyer's Advantage | ||
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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 |
|---|---|---|---|---|---|---|---|---|
| $2,950,000 | 3,581 | 0.25 - 0.5 acre | 4 | 4 | 25 | 0 | 1 | 84 |
| $1,799,000 | 2,392 | 0.25 - 0.5 acre | 3 | 3 | 58 | 3 | 2 | 70 |
| $1,272,500 | 2,086 | 0.25 - 0.5 acre | 3 | 2.5 | 57 | 2 | 3 | 98 |
| $750,000 | 1,526 | 6,500 - 8,000 sqft | 3 | 2 | 67 | 3 | 2 | 87 |