Palm Springs Real Estate Market

Palm Springs Real Estate Market

  • Bernal Smith Group
  • 10/4/24

Palm Springs Real Estate Market Pulse: 2026 Forecast

As we move into 2026, the Palm Springs real estate market demonstrates a unique blend of stability and luxury. The frenzy of previous years has cooled, creating a balanced landscape for strategic buyers.

The Live Dashboard

Data Snapshot: Q1 2026

Median Price
$680k
+2.1% YoY
Days on Market
65 Days
Stabilizing
Inventory
5.2 Mos
Balanced Market
 
Buyers Market Balanced Sellers Market

The 2026 Forecast

The Palm Springs real estate market has transitioned into a phase of stabilization. After years of rapid appreciation, the frantic pace has cooled, offering more breathing room for buyers.

Luxury & The "Turnkey" Premium

The luxury market operates with different fundamentals. Cash buyers are increasingly demanding "turnkey" perfection. Updated, design-forward properties trade near asking price, while homes requiring renovation sit longer.

Navigate the Shifting Market

In a shifting market, data is your most valuable asset. Contact the Bernal-Smith Group today.

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Whether you're a first-time home buyer in search of your dream home, a seller looking to downsize or an investor looking for a great opportunity, working with a dedicated real estate professional can make all the difference.

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