This Week’s Market Overview
The median list price for Palm Springs, CA 92262 is $825,000, reflecting sustained interest in this iconic desert city known for mid-century architecture, resorts, and vibrant lifestyle. Inventory currently stands at approximately 480 active homes, fostering balanced conditions with ample selection for buyers during typical seasonal shifts.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
- Current MAI: 34 (Balanced to Slight Seller’s Advantage)
- Last Month’s MAI: 35
The MAI has eased slightly month-over-month, indicating thoughtful buyer engagement. Premium properties, updated mid-century homes, and those in desirable neighborhoods continue to attract strong attention and faster movement.
Market Narrative
The 92262 market remains resilient amid early 2026 adjustments. Median sale prices hover near $725,000, down modestly around 7 percent year-over-year as buyers proceed more selectively. Homes are averaging between 75 and 95 days on market with increased evaluation time. Move-in-ready residences in prime locations or with distinctive features secure consistent interest and solid closings, while properties needing updates or in entry-level segments face extended marketing periods, more frequent price adjustments, and improved buyer negotiating leverage.
Real-Time Market Profile
- Median List Price: $825,000
- Median Price of New Listings: $795,000
- Price per Square Foot: $465
- Average Days on Market: 88
- Median Days on Market: 72
- Price Decreased: 28% of listings
- Price Increased: 2% of listings
- Relisted Properties: 15%
- Inventory: 480 properties
- Median Rent: $4,800 / month
Market Segments
Palm Springs 92262 listings are divided into four pricing segments:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,000,000+ | 3,500+ | 0.3 – 1+ acre (estate/gated) | 4–6+ | 4–6+ | 5–30 yrs | 3 | 2 | 95 |
| $1,000,000 to $2,000,000 | 2,200 to 3,500 | 0.2 – 0.5 acre | 3–5 | 3–5 | 10–40 yrs | 10 | 6 | 80 |
| $500,000 to $1,000,000 | 1,500 to 2,200 | Condo / Patio Home / Small lot | 2–4 | 2–4 | 20–50 yrs | 25 | 18 | 70 |
| Under $500,000 | 1,000 to 1,500 | Condo / Townhome | 1–3 | 1–3 | 30–60 yrs | 12 | 8 | 65 |
Conclusion
Palm Springs 92262 continues to stand out as one of the Coachella Valley’s most iconic and desirable markets. While buyers benefit from expanded inventory and more decision time than in recent peak seasons, demand for quality, well-located, and distinctive properties keeps pricing supported. Sellers who emphasize presentation and realistic pricing secure favorable outcomes in premium segments, while buyers enjoy broader selections and greater flexibility across the range.
Contact Information
For personalized insights and exclusive opportunities in Palm Springs 92262, reach out to GrayWall Real Estate.
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