Palm Springs Real Estate Market Report — November 2026
Monthly Market Report · November 15, 2026
Market Summary
As of November 15, 2026, Palm Springs has 135 active listings at a median list price of $177K ($189 per sqft). 214 homes closed in the past 12 months at a median sold price of $277K, implying 7.6 months of supply.
Homes sold for a median 93.9% of their original asking price (97.5% of the final list price), went under contract in a median 54 days and closed in 85. 35% of buyers paid cash, 62% financed and 3% did not disclose.
Based on MLS closed sales. Data current as of November 15, 2026.
How fast homes sell
Homes here sold for a median 93.9% of their original asking price (97.5% of the final list price), went under contract in a median 54 days and closed in 85.
54 days
median, listing → contract
29 days
median, contract → closing
85 days
median, listing → closing
% of original ask93.9%
% of final list price97.5%
80% of homes (167 of 210) sold below their original asking price. Based on 213 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
How buyers paid
Of the 207 buyers whose financing was recorded, 36% paid cash. Across all 213 sales of homes: 35% cash, 62% financed and 3% not disclosed.
Cash34.7%74 sales
Financed (mortgage or other loan)62.4%133 sales
Not disclosed2.8%6 sales
36%
cash share of disclosed sales
97%
of sales reported how the buyer paid
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. From the MLS financing field on 213 closed sales, Nov 2025 – Oct 2026.
For Sale in Palm Springs
135 homes & condos currently for sale · $39,900 – $880,000.
Palm SpringsFor Sale135 for sale · $39,900 – $880,000
We track every closed sale in Palm Springs — 214 in the last twelve months. Get the new ones, with prices and price per square foot, on the first of each month.
Closed sales only — no listing blasts. Unsubscribe in one click.
Buyer’s Market7.6 months of supply
Supply exceeds the current pace of sales — buyers have more leverage.
Trades at a 88% discount to the Palm Beach County average ($189 vs $1,611 per sqft, below market).
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales.
Geography
every MLS listing whose City field is “Palm Springs” — the municipality as filed by the listing agent. Not a ZIP code, a radius, or a neighborhood polygon.
Property types
MLS PropertyType = Residential: condominiums, single-family homes, townhouses and villas. Land, commercial and duplex–quadplex are excluded, as are rentals.
As of
November 15, 2026. This page is a dated snapshot, rebuilt nightly from a live query taken at build time. Inventory counts MLS status Active only — listings under contract (Pending, Active Under Contract) and Coming Soon are not counted as for sale.
Reporting windows
Active listings, median list price and median $/SF are as of the date above. The closed-sale figures — median sold price, the sales count and the year-over-year change — cover a rolling 365 days, November 15, 2025 – November 14, 2026, n=214 closed sales. Year-over-year compares that window with the 365 days before it, and is suppressed unless both sides have at least 5 sales. Months of supply is active listings ÷ (those closed sales ÷ 12). The sale-timing panel states its own window and sample size.
Current figures
This page is a dated snapshot and is not restated. The continuously updated version is Palm Springs market analytics, which divides by 12 complete calendar months rather than a rolling year, so its months of supply can differ by about 0.1 and its active count by a few listings.
