Palm Springs

Why you'd want to live in Palm Springs

Palm Springs, a city in the Sonoran Desert of southern California, is known for its hot springs, stylish hotels, golf courses and spas. It's also noted for its many fine examples of midcentury-modern architecture. Its core shopping district along Palm Canyon Drive features vintage boutiques, interior design shops and restaurants. The surrounding Coachella Valley offers hiking, biking and horseback riding trails.

Palm Springs Market Report

$810,573

AVERAGE PRICE OF 530 HOMES

$364,940

AVERAGE PRICE OF 10 DISTRESSED HOMES

$2,528,874

AVERAGE PRICE OF 92 MULTI-MILLION DOLLAR HOMES

$983,756

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$905,387

AVERAGE PRICE OF 430 HOMES WITH A POOL

$743,917

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $810,573
Avg Bedrooms 2.57 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $208,731
2 bedrooms $408,622
3 bedrooms $828,986
4 bedrooms $1,367,239
5 bedrooms $4,287,400
Palm Springs Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 616 666 735 737 748
Average Price $787,493 $767,600 $718,620 $680,638 $634,038
Avg Price Change +2.59% +6.82% +5.58% +7.35% +4.55%
Median Price $480,547 $461,670 $477,551 $460,518 $443,215
Med Price Change +4.09% -3.44% +3.70% +3.90% -2.34%
Avg Bedrooms 2.6 beds 2.59 beds 2.58 beds 2.56 beds 2.55 beds
Avg Bathrooms 2.58 baths 2.56 baths 2.54 baths 2.53 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Catcit 2 $254,450 58 days
Palspr 43 $1,057,295 61 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 530 $810,573 88 days
Distressed Homes 10 $364,940 135 days
Multi-Million Dollar Homes 92 $2,528,874 85 days
Newly Built Homes 24 $983,756 76 days
Homes with a Pool 430 $905,387 86 days
Reduced Price Homes 17 $743,917 60 days
Compass
74199 El Paseo Suite 200
Palm Desert, CA 92260
DRE# 01991628
760-359-2414
760-567-4931
949-678-0999

Based on information from California Regional Multiple Listing Service, Inc. as of January 24, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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