MEDIAN SALE PRICE
$140K
trailing 90d
MEDIAN $/SF
$131
▼ 20.3% YTD
ACTIVE INVENTORY
94
for sale
SOLD VS. ORIGINAL ASK
90.7%
NEW97.0% of final list
DAYS TO CONTRACT
60
NEW95 to close
MARKET PULSE
0.11
Buyer's market
Price cuts (trailing 30d): 19 · 20.2% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
palm-springs
BUYER'S ADVANTAGE
Today 0.11 · Palm Beach County 0.2
MARKET SUMMARY · 12 MONTHS
| Median sale price | $140K | |
| Median $/SF | $131 | |
| Median days on market | 70 | |
| Total sales (12mo) | 145 | |
| New listings (12mo) | 240 | |
| Sold ÷ original ask NEW | 90.7% | |
| Sold ÷ final list price NEW | 97.0% | |
| Sold below original ask NEW | 86% | |
| Median days to contract NEW | 60 | |
| Median days to close NEW | 95 | |
| How buyers paid NEW | 46% cash · 52% fin. · 2% n/d | |
| Months of supply | — | 7.8 |
| Sale-to-just-value ALL HOMES | — | 1.20× |
| Owner-occupied ALL HOMES | — | 56.5% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| Under $1M | $117K | 18 | 4 | BUILDING 4.5:1 |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW60
days, listing → contract
28
days, contract → closing
95
days, listing → closing
How long condos and townhomes took to go under contract
Medians of 134 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW47%
cash share of disclosed sales
Financing reported on 99% of sales (132 of 134).
Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. 134 closed sales of condos and townhomes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDStax-roll figures cover all homes · appreciation is condos and townhomes
56.5%
Owner-occupied (homestead)
1.20×
Sale-to-just-value ratio
43.7%
Homes sold, 10-yr
-20.3%
Appreciation YTD · $/SF CLOSED SALES
Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.
TOP NBHDS · MEDIAN PRICE
| Springdale Homes | $340K |
| Lakewood Of Palm Springs | $291K |
| Palm Springs Village | $45K |
FASTEST SELLING · DOM
| Palm Springs Village | 79 |
| Springdale Homes | 85 |
| Lakewood Of Palm Springs | 116 |
NBHDS PERFORMANCE · $/SF
| Lakewood Of Palm Springs | $237 |
| Springdale Homes | $227 |
| Palm Springs Village | $78 |
RENTAL MARKET for-lease condos and townhomes · separate from the for-sale figures above
$1,825/mo
Median asking rent
52
Active rentals
18
New listings (30d)
57
Median days on market
Browse all condo buildings A–Z → · Monthly market report for Palm Springs → · Palm Beach County market →
FREQUENTLY ASKED · PALM SPRINGS
How much do condos and townhomes cost in Palm Springs?
The median sale price in Palm Springs is $140K over the trailing 90 days, and the median list price is $116,950.
Is Palm Springs a buyer's or seller's market?
Palm Springs is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.11; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many condos and townhomes are for sale in Palm Springs?
There are 94 active for-sale listings of condos and townhomes in Palm Springs as of snapshot 2026-W45, updated weekly.
How long do condos and townhomes take to sell in Palm Springs?
Condos and townhomes in Palm Springs spend a median of 70 days on market.
What is the price per square foot in Palm Springs?
The median list price per square foot in Palm Springs is $131.
What share of Palm Springs homes are owner-occupied?
About 56.5% of homes in Palm Springs are owner-occupied (homestead), per public property records.
How often do homes sell in Palm Springs?
About 43.7% of homes in Palm Springs have changed hands over the past decade — roughly 4.4% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in Palm Springs?
Homeownership in Palm Springs skews long-term: only about 44% of homes had a qualified sale in the past decade, so roughly 56% of owners have held 10+ years, per public deed records.
How much housing inventory does Palm Springs have?
Palm Springs has about 7.8 months of supply — active for-sale listings divided by the average monthly pace of closed sales over the trailing 12 months. Below roughly six months typically favors sellers; above it favors buyers.
Every figure above appears elsewhere on this page · snapshot 2026-W45.