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

$828,097

AVERAGE PRICE OF 893 HOMES

$382,244

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,407,842

AVERAGE PRICE OF 179 MULTI-MILLION DOLLAR HOMES

$1,032,669

AVERAGE PRICE OF 37 NEWLY BUILT HOMES

$883,372

AVERAGE PRICE OF 702 HOMES WITH A POOL

$468,335

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $828,097
Avg Bedrooms 2.49 beds
Avg Bathrooms 2.48 baths

Average Price by Bedrooms

1 bedroom $209,462
2 bedrooms $412,921
3 bedrooms $830,352
4 bedrooms $1,384,255
5 bedrooms $3,047,316
Palm Springs Home Price Trends
  1/2021 12/2020 11/2020 10/2020 9/2020
Total Listings 899 1,015 1,104 1,139 1,113
Average Price $770,465 $776,911 $762,470 $717,951 $691,149
Avg Price Change -0.84% +1.89% +6.20% +3.88% +7.43%
Median Price $425,952 $465,134 $455,717 $466,306 $455,737
Med Price Change -9.20% +2.07% -2.32% +2.32% +3.39%
Avg Bedrooms 2.41 beds 2.45 beds 2.47 beds 2.47 beds 2.44 beds
Avg Bathrooms 2.38 baths 2.41 baths 2.42 baths 2.41 baths 2.42 baths
Home Price by High School
School Name Total Homes Average Price
Catcit 4 $456,000
Cathedral City 4 $456,000
Palm Springs 36 $1,162,022
Palspr 27 $1,304,859
Home Price by House Size
Total Homes Average Price
All Homes 893 $828,097
Distressed Homes 9 $382,244
Multi-Million Dollar Homes 179 $2,407,842
Newly Built Homes 37 $1,032,669
Homes with a Pool 702 $883,372
Reduced Price Homes 14 $468,335
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 February 26, 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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