The Munselle Group

Palm Springs, CA 92262

Single-Family Homes

www.themunsellegroup.com| 760-772-2411



Palm Springs, CA 92262

Sun Jul 12 2020
This week the median list price for Palm Springs, CA 92262 is $762,375 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has held steady at or around 130. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Palm Springs, CA 92262

Sun Jul 12 2020
This week the median list price for Palm Springs, CA 92262 is $762,375 with the market action index hovering around 39. This is an increase over last month's market action index of 36. Inventory has held steady at or around 130. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Palm Springs market.
Median List Price $762,375
Per Square Foot $385
Days on Market 141
Price Decreased 41%
Price Increased 3%
Relisted 12%
Inventory 130
Median Rent $3,500
Most Expensive $5,100,000
Least Expensive $122,500
Market Action 39
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
$1,874,999 3,351 0.25 - 0.5 acre 4 4 51 4 4 168
$949,000 2,189 8,000 - 10,000 sqft 3 3 21 4 7 119
$639,000 1,886 0.25 - 0.5 acre 3 2 41 2 4 125
$478,900 1,584 0.25 - 0.5 acre 3 2 42 4 7 152