Over the past year, Palms has seen solid home price growth, with typical values up about 14.29 percent. That contrasts with Los Angeles overall, where typical values are down roughly 6.93 percent. Inventory in Palms has also increased compared to a year ago, rising about 7.69 percent, while pending sales surged by approximately 166.67 percent and new listings climbed around 32.14 percent.
In February 2026, the typical home value in Palms was about $1,220,000, with a median list price close to $1,249,000. Homes spent a median of 75 days on the market, and roughly 37.5 percent of recent sales closed above the asking price, with the average sale-to-list ratio near 0.995. Inventory reached 28 homes, supported by 37 new listings and 32 pending sales, and days on market have shortened by about 9.64 percent compared with last year.
Looking to March 2026, projections show the typical home value holding near $1,220,000, while the median list price is expected to edge up to about $1,274,000 and inventory to around 30 homes. Conditions align with a strong seller’s market, reflected in a market gauge of 9, even as more listings come online. Buyers trying to navigate rising prices and limited choices, as well as sellers aiming to take advantage of current demand, can both benefit from using Agent Pronto to connect with a skilled local real estate agent.
