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

$872,476

AVERAGE PRICE OF 938 HOMES

$353,932

AVERAGE PRICE OF 12 DISTRESSED HOMES

$2,390,325

AVERAGE PRICE OF 219 MULTI-MILLION DOLLAR HOMES

$973,881

AVERAGE PRICE OF 60 NEWLY BUILT HOMES

$931,422

AVERAGE PRICE OF 644 HOMES WITH A POOL

$678,848

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $872,476
Avg Bedrooms 2.27 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $187,961
2 bedrooms $434,082
3 bedrooms $915,861
4 bedrooms $1,464,769
5 bedrooms $2,140,899
Palm Springs Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 971 376 369 399 438
Average Price $802,039 $791,566 $749,513 $760,575 $754,670
Avg Price Change +1.32% +5.61% -1.48% +0.78% +5.29%
Median Price $429,481 $416,553 $403,900 $441,341 $446,666
Med Price Change +3.10% +3.13% -9.27% -1.21% +0.18%
Avg Bedrooms 2.22 beds 2.33 beds 2.25 beds 2.3 beds 2.35 beds
Avg Bathrooms 2.21 baths 2.31 baths 2.21 baths 2.24 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price
Cathedral City 2 $325,000
Palm Springs 67 $1,131,980
Home Price by House Size
Total Homes Average Price
All Homes 938 $872,476
Distressed Homes 12 $353,932
Multi-Million Dollar Homes 219 $2,390,325
Newly Built Homes 60 $973,881
Homes with a Pool 644 $931,422
Reduced Price Homes 8 $678,848
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 April 21, 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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