Is Now a Good Time to Buy or Sell in the Desert?

If you’ve been wondering whether this is the right time to buy or sell in the Greater Palm Springs area, you're not alone. With headlines swirling and the market constantly shifting, it can feel hard to know when to take the next step. Here's the good news: there are still smart moves to make, whether you're looking to settle into your desert dream home or cash in on your property’s equity.

For Buyers: Less Competition, More Opportunity

The previously intense competition has cooled, offering buyers more opportunities. Inventory is increasing, and homes are staying on the market slightly longer, leading to fewer bidding wars and greater negotiation leverage. The median home sold price in Palm Springs was $507,500 in May 2025—a 7.7% decrease from last year. While mortgage rates remain a key consideration, the current environment allows for more thoughtful decisions, and some sellers are offering credits or concessions. Buyers who are planning to stay in their home for the long term may find it’s worth locking in today’s rate and refinancing down the road if rates drop. With more sellers willing to negotiate, there may be flexibility in how you structure your purchase.

For Sellers: Strategic Pricing and Marketing Are Key

While the market has moderated, well-priced homes in desirable locations—especially those with updated features or in gated communities—are still selling quickly. The average sale price in the Coachella Valley in May 2025 was $867,881, significantly lower than the average list price of $1,062,084. In Palm Springs, the median listing price in April 2025 was $784,900, down 5.3% year-over-year. Today’s buyers are more selective, which means professional photos, strong digital exposure, and staging guidance matter more than ever. Strategic marketing and accurate pricing are crucial for differentiating oneself in this increasingly competitive landscape.

My Take? Understand Local Data

The Coachella Valley housing market is currently shifting toward buyers. Whether now is the ideal time to buy or sell depends on your individual circumstances and goals. It all starts with getting clear on what you want and understanding the trends in your target neighborhood. I’m here to help with both—no pressure, just honest insights and personalized guidance. Let’s connect for a personalized market update and talk about your timing, your goals, and your next step. Want to see what’s happening in your neighborhood or a community you’ve had your eye on? Let’s connect and I’ll send you a personalized market update.

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☕  Let’s Connect!

Have questions about buying, selling, or the real estate market in general? I’d love to help! Set up a time to chat with me using my calendar link—it’s quick and easy to find a time that works for you. Whether it’s an in-depth discussion or a casual Q&A, I’m here to answer your questions and help you navigate your real estate journey. Please feel free to schedule time on my calendar. Pick a meeting time.

🏡 Discover Your Home’s True Value Instantly!

Are you curious about your home’s worth in today’s market? My free instant home analysis provides an accurate, up-to-date estimate of your property’s value. For those seeking a more in-depth analysis, I also offer a personalized, in-depth assessment tailored to your unique property and neighborhood trends. Whether you’re considering selling, refinancing, or simply staying informed, this tool and my expertise take the guesswork out of real estate decisions. Let’s start planning your next move with confidence! Get a free home evaluation: Instant home evaluation.

😍 Find Your Perfect Home with Ease

Looking for your dream home? My website makes exploring available listings in the Coachella Valley and beyond simple. Use the advanced search tools to filter properties by location, price, size, and features that matter most to you. Whether you are searching for a mid-century modern gem in Palm Springs, a luxury estate in Indian Wells, or an investment property in Indio, you’ll find up-to-date listings and detailed information to help you make informed decisions. Start your search today and take the first step toward finding your perfect place! Browse Desert Properties. Disclaimer: The views and opinions expressed in this blog are solely my own and do not necessarily reflect the official policy or position of Berkshire Hathaway HomeServices or its affiliates. This content is for informational purposes only and should not be considered financial, legal, or investment advice. Readers should conduct their own research and consult with a professional before making any real estate or investment decisions. DRE# 02246347