Last month in May, housing in Palm Springs, CA ended with 246 homes being added to the market for sale, for a cumulative monthly total of 406 homes for sale - down -13% compared to April. Palm Springs, CA had a total of 141 homes sold for the month - down -4% from the month prior.
Attached led the way in homes sold with a total of 77 - down -6%, while detached totaled 64 in closed sales - even from the month of April. The number of detached properties sold under 1500 square feet totaled 13 for the month of May, while homes from 1500 to 2000 square feet recorded 11 sales and homes sized from 2000 to 2500 square feet had 19 sales. While homes from 2500 to 3000 square feet square feet recorded 9 homes sold and homes from 3000 to 3500 square feet had 5 sales, while homes in the 3500 to 4000 square feet range totaled 2 homes sold. Homes from 4000 to 4500 square feet had 1 sales, homes from 4500 to 5000 square feet had 2 sales and homes over 5500 square feet recorded 2 homes sold.
The number of attached homes sold under 1500 square feet numbered 59, attached homes in the square feet range of 1500 to 2000 recorded 13 sales and attached properties from 2000 to 2500 square feet had a total of 4 homes sold. Attached properties from 2500 to 3000 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The last 12 month period for the city of Palm Springs, CA shows that the greatest number of homes were sold during the months of March 2025, April 2025 and May 2025. The months of March 2025, April 2025 and May 2025 had 149 - 146 and 141 homes sold, respectively, as compared to an average of 105 for the other months of the year.
The last 12 month period for the city of Palm Springs, CA shows that homes sold the fastest during the months of October 2024, December 2024 and January 2025. The months of October 2024, December 2024 and January 2025 had 54 - 50 and 53 days on market, respectively, as compared to an average of 65 for the other months of the year.
Number of homes sold in Palm Springs, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2025 | 116 | 132 | 149 | 146 | 141 | - | - | - | - | - | - | - | 684 |
2024 | 115 | 135 | 154 | 186 | 163 | 106 | 108 | 96 | 92 | 101 | 102 | 96 | 1454 |
2023 | 85 | 102 | 141 | 154 | 174 | 171 | 113 | 122 | 94 | 97 | 99 | 106 | 1458 |
2022 | 135 | 175 | 201 | 190 | 196 | 172 | 165 | 136 | 105 | 107 | 76 | 98 | 1756 |
2021 | 165 | 168 | 229 | 226 | 166 | 205 | 177 | 163 | 161 | 163 | 158 | 186 | 2167 |
2020 | 127 | 144 | 184 | 109 | 86 | 177 | 206 | 231 | 218 | 193 | 204 | 201 | 2080 |
2019 | 103 | 165 | 199 | 196 | 211 | 173 | 193 | 189 | 163 | 122 | 141 | 165 | 2020 |
2018 | 144 | 159 | 179 | 205 | 204 | 201 | 182 | 180 | 153 | 174 | 148 | 120 | 2049 |
Average Days On Market (DOM) In Palm Springs, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2025 | 53 | 62 | 60 | 68 | 72 | - | - | - | - | - | - | - | 63 |
2024 | 59 | 58 | 54 | 58 | 60 | 69 | 65 | 58 | 66 | 54 | 65 | 50 | 60 |
2023 | 44 | 42 | 45 | 56 | 43 | 51 | 60 | 51 | 50 | 49 | 54 | 48 | 49 |
2022 | 38 | 30 | 31 | 23 | 23 | 21 | 26 | 34 | 39 | 48 | 36 | 39 | 32 |
2021 | 43 | 49 | 46 | 37 | 49 | 28 | 26 | 31 | 27 | 29 | 33 | 30 | 36 |
2020 | 65 | 74 | 57 | 55 | 60 | 60 | 65 | 63 | 45 | 52 | 43 | 46 | 57 |
2019 | 60 | 51 | 56 | 54 | 58 | 53 | 54 | 47 | 71 | 76 | 50 | 50 | 57 |
2018 | 67 | 52 | 59 | 61 | 56 | 56 | 57 | 56 | 66 | 61 | 43 | 59 | 58 |
Average Days From List To Close Of Escrow In Palm Springs, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2025 | 92 | 91 | 93 | 96 | 117 | - | - | - | - | - | - | - | 98 |
2024 | 93 | 86 | 87 | 90 | 89 | 101 | 97 | 94 | 595 | 84 | 102 | 86 | 134 |
2023 | 166 | 103 | 87 | 95 | 83 | 82 | 94 | 87 | 80 | 80 | 85 | 81 | 94 |
2022 | 68 | 56 | 65 | 51 | 96 | 57 | 61 | 85 | 83 | 96 | 74 | 73 | 72 |
2021 | 78 | 91 | 85 | 70 | 87 | 58 | 57 | 66 | 105 | 55 | 68 | 61 | 73 |
2020 | 100 | 153 | 86 | 97 | 96 | 96 | 106 | 107 | 88 | 87 | 78 | 76 | 98 |
2019 | 94 | 90 | 95 | 95 | 97 | 93 | 97 | 97 | 106 | 104 | 84 | 77 | 94 |
2018 | 110 | 94 | 95 | 100 | 96 | 95 | 96 | 99 | 103 | 100 | 78 | 92 | 96 |
Number of homes added to the market in Palm Springs, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2025 | 358 | 289 | 283 | 285 | 246 | - | - | - | - | - | - | - | 1461 |
2024 | 279 | 295 | 243 | 269 | 249 | 226 | 140 | 184 | 228 | 294 | 233 | 164 | 2804 |
2023 | 200 | 226 | 243 | 245 | 239 | 183 | 161 | 169 | 211 | 270 | 201 | 149 | 2497 |
2022 | 199 | 175 | 200 | 207 | 224 | 181 | 118 | 117 | 115 | 149 | 143 | 107 | 1935 |
2021 | 186 | 176 | 175 | 188 | 197 | 181 | 151 | 167 | 176 | 179 | 158 | 106 | 2040 |
2020 | 194 | 227 | 134 | 112 | 164 | 166 | 182 | 203 | 240 | 182 | 170 | 136 | 2110 |
2019 | 245 | 196 | 153 | 200 | 214 | 149 | 126 | 143 | 124 | 201 | 159 | 82 | 1992 |
2018 | 209 | 218 | 162 | 212 | 170 | 171 | 109 | 142 | 150 | 203 | 137 | 113 | 1996 |