Palm Springs Area Real Estate Market Update 

January 2026 – What Buyers & Sellers Need to Know

 

The Coachella Valley has shifted from an emotional market to a strategic one.

Inventory has normalized.
Negotiation has returned.
Preparation now determines outcome.

Below is what this means for you — whether you are buying or selling.

For Buyers: Opportunity Is Back

Current Market Snapshot

  • Median Detached Price: $675,000 (↓ 3.0% YoY)
  • Median Attached Price: $495,000 (↑ 2.0% YoY)
  • Inventory: 3,488 homes
  • Months of Supply: 5.6 months
  • Average Discount: ~3% below list
  • Median Days on Market: 47 days

We are no longer in bidding-war territory.

Buyers now have:

  • More options
  • Negotiation leverage
  • Inspection flexibility
  • Time to make smart decisions

 

Strategic Buyer Play: The Worst Home on the Best Street

This is where our model becomes powerful.

Instead of competing for fully renovated homes at retail pricing, we help clients:

  • Acquire the worst home on the nicest street
  • Analyze renovation ROI before closing
  • Manage the entire renovation process
  • Bring the property up to — or above — neighborhood standards

That’s how equity is created immediately.

This market favors buyers who:

  • Think long-term
  • Want value-add
  • Understand that repositioning creates wealth

Whether you're an investor or buying your primary residence, we help structure the deal and the renovation strategy from day one.

For Sellers: Preparation Is No Longer Optional

We are now in a negotiation-driven environment.

Homes are selling at:

  • ~2.9% below list price (detached)
  • ~3.4% below list (attached)
  • Only 9.7% are selling above asking

Buyers are comparing condition carefully.

In today’s market, a home that needs repairs will:

  • Sit longer
  • Invite larger discounts
  • Attract lower-quality offers

 

Our Advantage for Sellers

At Renovate Palm Springs, we do not just list homes.

We prepare them.

We help sellers:

  • Identify which repairs actually increase value
  • Avoid over-improving
  • Improve presentation strategically
  • Protect pricing during negotiations

And here’s the key:

We can help you complete necessary repairs with no money out of pocket.

Through our structured renovation advisory and contractor network, we can:

  • Coordinate improvements
  • Manage execution
  • Structure payment solutions
  • Maximize final sales price

This protects your equity instead of discounting it away.

Luxury & Mid-Range Trends

Luxury properties ($1M+) account for over half of all dollar volume in the Valley.

However:

  • High-end homes are trading at 4–5% discounts.
  • Inventory is elevated in certain cities like Rancho Mirage.

The mid-range ($500K–$900K) remains the most active and healthiest segment.

Pricing strategy and condition are now the deciding factors.

What This Market Really Is

This is not a downturn.
This is not 2008.
This is not a crash.

This is a professional market.

And professional strategy wins.

Summary

Buyers:
You now have leverage. This is the time to buy smart — especially value-add opportunities. We can help you buy the worst home on the best street and turn it into the nicest one.

Sellers:
Preparation determines profit. We can help you make the right repairs — without money out of pocket — and position your home to sell strategically instead of discounting it.

Ready to Discuss Strategy?

If you are:

  • Considering selling
  • Thinking about buying
  • Evaluating a renovation
  • Or simply want a strategic valuation of your property

Let’s talk.

We’ll run the numbers before you make a move. Call or text directly: (760) 292-3612

Marius C. Olbrych
Real Estate Advisor | Renovation & Investment Specialist
Coldwell Banker Realty – Indian Wells Office
DRE #02101685 | CSLB HIS #138848 SP

Listing Advisory • Renovation • Acquisition • Value-Add & Exit Strategies

🌐 https://RenovatePalmSprings.com
🌐 https://DesertPremiumProperties.com

Marius Olbrych
Sales Associate
Indian Wells/La Quinta
(760) 844-2186  |  (760) 345-2527  |  02101685 CA   |  marius.olbrych@cbrealty.com