The Palm Springs remained below its 12-month average sales volume this week as sales slid 7.5% to hit 135 homes sold over the last 30 days. Meanwhile, close-by Palm Desert reported 114 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Palm Springs, and for this period the median sales price slid from $326,500 to $319,000. With decreasing sales and the availability of seven months of inventory, Palm Springs is a solid buyer's market.
If you're looking for a more established home, then be sure to see these listings in Palm Springs that were built before most others in the market: