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Housing Market

Palm Springs housing market

The median home in Palm Springs sold for $0 in October 2026, down 21.3% from $314,000 15 months earlier. On the measures below the market is close to balanced.

What is your Palm Springs home worth?

The median tells you about the market. It does not tell you about your home. Ask for a valuation built from recent sales near you rather than an online estimate.

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Where Palm Springs stands right now

Leverage

Are buyers or sellers in control in Palm Springs?

On the last full month of data, Palm Springs is close to balanced.

That is where the market stands today. Which way it has been moving is a separate question, and the trends below answer it.

    Read from months of supply, the share of sales closing above asking, and the share of sellers who cut their price. Each is scored against conventional thresholds and the balance decides. This describes the months already closed, not a prediction of what comes next.

    Palm Springs market trends, month by month

    Every figure below is a complete calendar month. Blank months had too few sales to support a reliable median.

    Median sale price

    $314,000 in Jul 2025 to $247,000 in Sep 2026, down 21.3% over 15 months. Trending in buyers' favour.

    Median sale price by month
    MonthMedian sale price
    Jul 2025$314,000
    Aug 2025$275,000
    Sep 2025$350,000
    Oct 2025$285,000
    Nov 2025$274,000
    Dec 2025$290,000
    Jan 2026$292,500
    Feb 2026$290,000
    Mar 2026$266,000
    Apr 2026$292,000
    May 2026$302,500
    Jun 2026$204,500
    Jul 2026$190,000
    Aug 2026$275,000
    Sep 2026$247,000
    Oct 2026too few sales to report

    One month is left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Median days on market

    27 days in Jul 2025 to 29 days in Sep 2026, up 7.4% over 15 months. Trending in buyers' favour.

    Median days on market by month
    MonthMedian days on market
    Jul 202527 days
    Aug 202560 days
    Sep 202563 days
    Oct 202534 days
    Nov 202554 days
    Dec 202560 days
    Jan 202660 days
    Feb 202628 days
    Mar 202664 days
    Apr 202614 days
    May 202626 days
    Jun 202652 days
    Jul 202647 days
    Aug 202687 days
    Sep 202629 days
    Oct 2026too few sales to report

    One month is left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Share of sales closing above asking

    5.0% in Jul 2025 to 10.5% in Sep 2026, up 110.6% over 15 months. Trending in sellers' favour.

    Share of sales closing above asking by month
    MonthShare of sales closing above asking
    Jul 20255.0%
    Aug 20256.7%
    Sep 202517.6%
    Oct 202513.0%
    Nov 20259.5%
    Dec 20256.9%
    Jan 20260.0%
    Feb 202615.4%
    Mar 20263.5%
    Apr 202618.8%
    May 202622.2%
    Jun 20260.0%
    Jul 202616.7%
    Aug 202613.3%
    Sep 202610.5%
    Oct 2026too few sales to report

    One month is left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Share of sellers who cut their price

    40.0% in Jul 2025 to 42.1% in Sep 2026, up 5.3% over 15 months. Trending in buyers' favour.

    Share of sellers who cut their price by month
    MonthShare of sellers who cut their price
    Jul 202540.0%
    Aug 202566.7%
    Sep 202564.7%
    Oct 202552.2%
    Nov 202547.6%
    Dec 202572.4%
    Jan 202660.0%
    Feb 202630.8%
    Mar 202644.8%
    Apr 202625.0%
    May 202650.0%
    Jun 202672.2%
    Jul 202650.0%
    Aug 202666.7%
    Sep 202642.1%
    Oct 2026too few sales to report

    One month is left blank because fewer than ten homes closed, which is too small a sample for a reliable median.

    Homes sold

    20 in Jul 2025 to 3 in Oct 2026, down 85% over 16 months.

    Homes sold by month
    MonthHomes sold
    Jul 202520
    Aug 202515
    Sep 202517
    Oct 202523
    Nov 202521
    Dec 202529
    Jan 202610
    Feb 202613
    Mar 202629
    Apr 202616
    May 202618
    Jun 202618
    Jul 202618
    Aug 202615
    Sep 202619
    Oct 20263

    Buying in Palm Springs?

    The same figures read differently from the buying side. Ask what they mean for an offer on a specific home rather than for the market as a whole.

    Browse Homes for SaleTalk to a Buyer's Agent

    Nearby Markets

    Compare Palm Springs with nearby markets

    Source: BeachesMLS via Trestle, compiled by Pure Equity Realty. Figures cover residential sales and exclude land and commercial. Updated nightly.

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