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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

$610,153

AVERAGE PRICE OF 816 HOMES

$389,136

AVERAGE PRICE OF 11 DISTRESSED HOMES

$1,684,082

AVERAGE PRICE OF 108 MULTI-MILLION DOLLAR HOMES

$593,796

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$669,136

AVERAGE PRICE OF 658 HOMES WITH A POOL

$531,364

AVERAGE PRICE OF 31 REDUCED PRICE HOMES

Average Home

Average Price $610,153
Avg Bedrooms 2.61 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $188,249
2 bedrooms $377,050
3 bedrooms $694,099
4 bedrooms $1,057,158
5 bedrooms $2,006,685
Palm Springs Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 785 721 845 839 757
Average Price $620,457 $639,540 $670,922 $671,811 $661,149
Avg Price Change -3.08% -4.91% -0.13% +1.61% +2.80%
Median Price $472,637 $482,144 $495,627 $497,025 $488,124
Med Price Change -2.01% -2.80% -0.28% +1.82% +2.69%
Avg Bedrooms 2.63 beds 2.66 beds 2.69 beds 2.68 beds 2.69 beds
Avg Bathrooms 2.48 baths 2.53 baths 2.58 baths 2.67 baths 2.6 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palspr 4 $392,475 208 days
Total Homes Average Price Avg Days on Site
All Homes 816 $610,153 88 days
Distressed Homes 11 $389,136 121 days
Multi-Million Dollar Homes 108 $1,684,082 85 days
Newly Built Homes 33 $593,796 99 days
Homes with a Pool 658 $669,136 90 days
Reduced Price Homes 31 $531,364 67 days