Home Sales Numbers Even in Palm Springs Real Estate Market

The number of homes coming into the Palm Springs market rose to 242 listings over the last 30 days, while sales remained right where they were as once again 127 homes were sold over the same period. Prices are falling in Palm Springs, and this period the median price of all sales fell from $361,000 to $359,900. With no movement in sales and the availability of seven months of inventory, Palm Springs is a definite buyer's market.

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Demographic facts for Palm Springs:

  • The total number of vacant homes in the area is 34.6%.
  • The area gets 269 sunny days a year. (U.S. average: 205)
  • There are 3,978 students for every librarian. (803 = national average)

Data reported through 10/12/2016

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Windermere Real Estate
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HomeSmart Professionals
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