This Week’s Market Overview
The median list price for Palm Springs, CA 92263 is $1,200,000, reflecting limited activity in this niche Palm Springs ZIP with high-end estates and sparse inventory. Inventory currently stands at approximately 15 active homes, creating highly selective conditions with fewer options and extended buyer evaluation time in this low-volume area.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
- Current MAI: 32 (Balanced to Slight Buyer’s Advantage)
- Last Month’s MAI: 33
The MAI has softened slightly month-over-month, indicating cautious buyer engagement. Exceptional, well-maintained properties or those with unique features continue to stand out despite the constrained supply.
Market Narrative
The 92263 market remains quiet and selective entering 2026. Median sale prices are near $1,000,000, with variability year-over-year due to low transaction volume. Homes are averaging between 50 and 80 days on market as buyers take more time in this exclusive pocket. Standout estates or updated homes generate interest and potential closings, while others face prolonged exposure, selective price adjustments, and greater negotiating leverage for buyers in this sparse segment of the Coachella Valley.
Real-Time Market Profile
- Median List Price: $1,200,000
- Median Price of New Listings: $1,100,000
- Price per Square Foot: $480
- Average Days on Market: 70
- Median Days on Market: 55
- Price Decreased: 35% of listings
- Price Increased: 0% of listings
- Relisted Properties: 20%
- Inventory: 15 properties
- Median Rent: $6,000 / month
Market Segments
Palm Springs 92263 listings are divided into four pricing segments:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $3,000,000+ | 4,000+ | 0.5 – 2+ acre (estate) | 5–7+ | 5–8+ | 5–25 yrs | 0 | 0 | 100 |
| $1,500,000 to $3,000,000 | 3,000 to 4,000 | 0.3 – 0.8 acre | 4–5 | 4–5 | 10–35 yrs | 1 | 0 | 85 |
| $800,000 to $1,500,000 | 2,000 to 3,000 | Condo / Patio Home / Small lot | 3–4 | 3–4 | 20–50 yrs | 2 | 1 | 75 |
| Under $800,000 | 1,200 to 2,000 | Condo / Townhome | 2–3 | 2–3 | 25–55 yrs | 1 | 0 | 60 |
Conclusion
Palm Springs 92263 continues as a highly selective and exclusive pocket within the Coachella Valley, with very limited inventory driving buyer caution and extended timelines. While activity remains low and prices show variability, demand persists for standout, well-positioned properties. Sellers who present impeccably and price realistically can secure results in this sparse market, while buyers enjoy greater leverage and time for decisions in the few available opportunities.
Contact Information
For personalized insights and exclusive opportunities in Palm Springs 92263, reach out to GrayWall Real Estate.
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