🏡 Palm Springs Real Estate Market Report – October 2025

The Palm Springs housing market continues to show resilience and steady growth as we move through the final quarter of 2025. Despite a slight cooling in buyer activity compared to last year, home values remain strong, and demand for quality desert properties is holding firm. Whether you’re looking to buy, sell, or invest, understanding today’s data-driven trends is key to maximizing your opportunity in this vibrant desert market.

📊 Palm Springs Market Snapshot – October 2025

• Active Listings: 977

• Pending Listings: 130

• Median List Price: $682,500

• Median Sale Price: Up 6% year-over-year

• Median Sale Price per SqFt: Up $22 from last year

• Median Sale-to-List Price Ratio: Down 1% from last year

• Closed Deals: Down 10% from last year

• Median Days on Market: 14 days slower than last year

💰 Home Prices Continue to Rise Across Palm Springs

The median home price in Palm Springs has climbed by 6% compared to last October, with the average price per square foot up by $22. This steady rise highlights continued buyer confidence in the Coachella Valley, especially among luxury homebuyers and seasonal residents seeking second homes or investment properties.

While listing inventory has expanded to 977 active homes, the median list price of $682,500 reflects that Palm Springs remains a premium destination—and buyers are still willing to pay for the lifestyle, architecture, and location that make this market unique.

📉 Slight Slowdown in Sales, But Buyer Demand Remains Solid

The number of closed deals has decreased by 10% year-over-year, suggesting a mild slowdown in transactional volume. However, this isn’t a sign of weakness—it’s a reflection of today’s limited affordability and selective buyer pool. With 130 homes currently pending, buyer activity is still strong, especially for properties that are priced correctly and presented well.

Homes are taking a bit longer to sell—about two weeks more than last year—but properly marketed listings continue to move quickly, particularly in desirable neighborhoods like The Mesa, Old Las Palmas, and Deepwell Estates.

🏠 What This Means for Palm Springs Homeowners

If you’re a Palm Springs homeowner, rising prices and limited competition could mean now is an excellent time to sell—especially before more inventory hits the market in early 2026. With buyer demand still active and interest rates expected to trend lower next year, sellers who act now could capture top dollar while standing out from the growing supply.

Curious what your home could sell for in today’s market?
👉 Find Out Your Home Value

💼 What Buyers Should Know

For buyers, the Palm Springs market still presents strong long-term upside. With prices trending upward but negotiation opportunities reappearing, savvy buyers can secure desirable homes before demand spikes again next spring. Work with a knowledgeable local Realtor who understands the micro-markets within Palm Springs—from mid-century modern gems in Twin Palms to luxury estates in Indian Canyons.

👉 View Properties for Sale in Palm Springs

📈 Expert Insight from Brian Piper

“Palm Springs remains one of California’s most dynamic and stable housing markets. Even with a slight cooling in closed sales, prices continue to climb—proof that this area’s appeal isn’t slowing down. Smart sellers are using this window to list before the 2026 spring surge.”
— Brian Piper, CEO & Principal Realtor, Piper Pacific Group

🏡 Thinking About Buying or Selling in Palm Springs?

Whether you’re looking to list your home, purchase a vacation property, or expand your investment portfolio, Piper Pacific Group delivers data-driven strategies and exceptional service across the Coachella Valley.