The Munselle Group's Market Report

Palm Springs, CA 92262

Condos/Townhomes

Compass | www.themunsellegroup.com| 760-772-2411


Palm Springs, CA 92262

Sun May 24 2026
This week the median list price for Palm Springs, CA 92262 is $367,450 with the market action index hovering around 44. This is less than last month's market action index of 48. Inventory has increased to 176. 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 terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Palm Springs, CA 92262

Sun May 24 2026
This week the median list price for Palm Springs, CA 92262 is $367,450 with the market action index hovering around 44. This is less than last month's market action index of 48. Inventory has increased to 176. 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 terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Palm Springs market.
Median List Price $367,450
Median Price of New Listings $399,450
Per Square Foot $377
Average Days on Market 103
Median Days on Market 60
Price Decreased 41%
Price Increased 1%
Relisted 9%
Inventory 176
Median Rent
Market Action 44
Slight Seller's Advantage

Despite this week’s down tic, the price trend in this zip code remains upward for several weeks. We’re within sight of the market peak, and we’ll assume this week’s change is just randomness unless we see a persistent downward push of the Market Action Index into the Buyer’s zone.

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
$699,000 1,594 0 - 4,500 sqft 2 2 22 0 1 49
$445,500 1,209 0 - 4,500 sqft 2 2 43 2 4 56
$309,950 986 0 - 4,500 sqft 2 1.5 43 1 4 94
$235,000 589 0 - 4,500 sqft 1 1 44 1 2 42