Palm Springs Real Estate Market Update: September – November 2025
As summer gives way to fall, the Palm Springs real estate market remains strong, attracting buyers and sellers alike. Whether you’re searching for your dream desert home, preparing to list your property, or exploring investment opportunities, this market update provides the insights to help you make confident decisions.
Snapshot of the Palm Springs Housing Market
Median Home Price: $720,000 (steady month-over-month, up 4% year-over-year)
New Listings: 185 (slight increase as sellers prepare for fall activity)
Days on Market (DOM): 32 (faster than the national average, but slightly slower than summer)
Inventory Level: 2.8 months of supply, showing a seller’s edge but more balanced than in past years
At Platinum Star Properties (PSP), we track these shifts closely to help clients navigate opportunities as they arise.
Buyer Trends in Palm Springs
Palm Springs continues to attract buyers seeking second homes, retirement escapes, and investment properties. However, higher mortgage rates (6.5%–6.7%) are influencing affordability.
What This Means for Buyers:
Increased inventory means more options than in spring.
Homes under $600K are moving quickly, especially condos and smaller single-family homes.
Luxury buyers ($1M+) are more selective, creating room for negotiation.
How PSP helps: Our agents guide buyers through seasonal shifts, uncovering hidden opportunities when competition eases in the fall.
Seller Trends to Watch
September is a pivotal month for sellers. As the heat cools, buyer activity typically rises.
What This Means for Sellers:
Properly staged, competitively priced homes continue to sell fast.
Overpriced or poorly presented listings may linger longer.
Flexibility and transparency help sellers win over cautious buyers.
How PSP helps: We provide pricing strategy, professional staging, and marketing through our Platinum Pro Agent platform to make your home stand out.
Palm Springs Rental & Investment Market
The vacation rental market remains robust as visitors plan winter escapes. Short-term rentals are in demand, though investors should stay aware of city regulations.
Current Trend: Homes with ADUs or casitas are desirable, offering dual-use opportunities for owners and investors.
How PSP helps: We advise on short- and long-term rental opportunities, ensuring compliance and maximizing ROI.
Local Factors Influencing the Market
Events Season: Festivals, golf tournaments, and art shows fuel seasonal demand.
Lifestyle Appeal: Many buyers continue to relocate from Los Angeles, San Diego, and San Francisco due to affordability and the appeal of desert living.
New Developments: Modern housing projects are expanding options in both mid-range and luxury markets.
How PSP helps: We stay ahead of local market shifts and developments, connecting clients with homes and opportunities that fit their lifestyle.
What This Means for You
Buying? More inventory and a slightly longer DOM give buyers an edge—but act fast on well-priced homes under $700K.
Selling? Fall brings motivated buyers. Competitive pricing and staging are key to your success.
Investing? Palm Springs remains a strong market for vacation rentals and multi-use properties.
At Platinum Star Properties, we provide hands-on guidance so that whether you’re buying, selling, or investing, you can move forward with confidence.
The Bottom Line
The Palm Springs housing market update for September-November 2025 shows a balance: sellers still hold an advantage, but buyers are gaining leverage as inventory grows. With the right strategy, both sides can benefit.
Ready to make your move in Palm Springs? Contact Platinum Star Properties today for expert, personalized guidance on buying, selling, or investing this fall.