Last month in October, housing in Palm Springs, CA ended with 294 homes being added to the market for sale, for a cumulative monthly total of 427 homes for sale - up 20% compared to September. Palm Springs, CA had a total of 101 homes sold for the month - up 9% from the month prior.
Attached led the way in homes sold with a total of 54 - even, while detached totaled 47 in closed sales - up 19% from the month of September. The number of detached properties sold under 1500 square feet totaled 13 for the month of October, while homes from 1500 to 2000 square feet recorded 19 sales and homes sized from 2000 to 2500 square feet had 8 sales. While homes from 2500 to 3000 square feet square feet recorded 3 homes sold and homes from 3000 to 3500 square feet had 2 sales and while homes in the 3500 to 4000 square feet range totaled 2 homes sold. The following ranges for detached homes all had no sales: 4000 to 4500, 4500 to 5000, over 5500.
The number of attached homes sold under 1500 square feet numbered 38, 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 3 homes sold. The following ranges for attached homes all had no sales: 2500 to 3000, 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 2024, April 2024 and May 2024. The months of March 2024, April 2024 and May 2024 had 154 - 186 and 163 homes sold, respectively, as compared to an average of 106 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 December 2023, March 2024 and October 2024. The months of December 2023, March 2024 and October 2024 had 48 - 54 and 54 days on market, respectively, as compared to an average of 61 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 |
2024 | 115 | 135 | 154 | 186 | 163 | 106 | 108 | 95 | 92 | 101 | - | - | 1255 |
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 |
2017 | 117 | 156 | 206 | 196 | 216 | 214 | 158 | 196 | 135 | 180 | 158 | 179 | 2111 |
Average Days On Market (DOM) In Palm Springs, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 59 | 58 | 54 | 58 | 60 | 69 | 65 | 58 | 66 | 54 | - | - | 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 |
2017 | 70 | 76 | 70 | 60 | 54 | 67 | 68 | 76 | 69 | 61 | 45 | 58 | 64 |
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 |
2024 | 93 | 86 | 87 | 90 | 89 | 101 | 97 | 95 | 595 | 84 | - | - | 142 |
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 |
2017 | 124 | 128 | 123 | 112 | 105 | 113 | 121 | 133 | 112 | 108 | 89 | 90 | 113 |
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 |
2024 | 279 | 295 | 243 | 269 | 249 | 226 | 140 | 163 | 228 | 294 | - | - | 2386 |
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 |
2017 | 215 | 197 | 157 | 177 | 188 | 131 | 130 | 148 | 167 | 224 | 142 | 139 | 2015 |