If you need assistance, please call 760-359-2414

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

$1,195,052

AVERAGE PRICE OF 1,025 HOMES

$575,985

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,237,653

AVERAGE PRICE OF 415 MULTI-MILLION DOLLAR HOMES

$1,419,630

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$1,182,920

AVERAGE PRICE OF 787 HOMES WITH A POOL

$873,270

AVERAGE PRICE OF 59 REDUCED PRICE HOMES

Average Home

Average Price $1,195,052
Avg Bedrooms 2.55 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $262,669
2 bedrooms $545,554
3 bedrooms $1,220,770
4 bedrooms $1,612,575
5 bedrooms $2,978,056
Palm Springs Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 337 971 913 897 949
Average Price $1,275,998 $1,229,183 $1,099,614 $1,103,587 $1,121,886
Avg Price Change +3.81% +11.78% -0.36% -1.66% n/a
Median Price $826,293 $855,786 $806,679 $811,985 $829,553
Med Price Change -3.57% +6.09% -0.66% -2.16% n/a
Avg Bedrooms 2.58 beds 2.53 beds 2.45 beds 2.48 beds 2.53 beds
Avg Bathrooms 2.43 baths 2.39 baths 2.3 baths 2.32 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price
Palm Springs 84 $1,714,173
Home Price by House Size
Total Homes Average Price
All Homes 1,025 $1,195,052
Distressed Homes 7 $575,985
Multi-Million Dollar Homes 415 $2,237,653
Newly Built Homes 63 $1,419,630
Homes with a Pool 787 $1,182,920
Reduced Price Homes 59 $873,270
Compass
Joe Chung
830 N Palm Canyon Drive Suite 2
Palm Springs, CA 92262
760-359-2414
DRE# 01963102/01991628

Based on information from California Regional Multiple Listing Service, Inc. as of December 9, 2022. 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.
This site powered by CINC: www.cincpro.com