No homes found in Downtown
Downtown is a sought-after neighborhood in Palm Springs, CA. Browse available listings to find your perfect home in this neighborhood.
Palm Springs Market Report
Median Home Price
$580K
↓ 7.9% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
5.4 months of supply
Balanced Market599 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~61 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales have slowed 10% compared to 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $784K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.8M)
Price Reductions
253 listings have reduced their price
42% of active listings
Average reduction: 6.6% (~$46K)
Looking for a home in Downtown?
Connect with a local specialist