08/05/2025
Palm Springs and Southern California are officially in a buyer’s market, and there are deals to be had. In May 2025, the average list price was around $1,062,000, but homes actually sold for closer to $868,000. That’s an 18% drop—meaning buyers are negotiating and winning. Inventory is also way up, with over 3,500 active listings, giving buyers more choices and more time. Homes are now sitting on the market for an average of 77 days, and nearly 41% of listings have price reductions. What does this mean for you? Less competition. More time to negotiate. And the ability to find a dream home or investment property below asking.
If you’ve been waiting for the right moment to buy in the Coachella Valley, this might be it. The window’s open—but it won’t stay that way forever.
Read more in this recent market report:
🔗 https://pstribune.com/2025/06/01/coachella-valley-housing-market-shifts-toward-buyers-as-inventory-surges
Thinking of buying? I’d love to help you navigate what’s possible.
Let’s talk.
Palm Springs, CA
