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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

$798,517

AVERAGE PRICE OF 647 HOMES

$428,942

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,274,384

AVERAGE PRICE OF 124 MULTI-MILLION DOLLAR HOMES

$1,352,894

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$878,646

AVERAGE PRICE OF 543 HOMES WITH A POOL

$685,560

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $798,517
Avg Bedrooms 2.62 beds
Avg Bathrooms 2.6 baths

Average Price by Bedrooms

1 bedroom $199,863
2 bedrooms $382,347
3 bedrooms $828,417
4 bedrooms $1,442,749
5 bedrooms $4,127,688
Palm Springs Home Price Trends
  11/2020 10/2020 9/2020 8/2020 7/2020
Total Listings 666 735 737 748 793
Average Price $767,600 $718,620 $680,638 $634,038 $606,428
Avg Price Change +6.82% +5.58% +7.35% +4.55% -0.82%
Median Price $461,670 $477,551 $460,518 $443,215 $453,606
Med Price Change -3.44% +3.70% +3.90% -2.34% -3.79%
Avg Bedrooms 2.59 beds 2.58 beds 2.56 beds 2.55 beds 2.58 beds
Avg Bathrooms 2.56 baths 2.54 baths 2.53 baths 2.48 baths 2.45 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Catcit 2 $254,450 17 days
Palspr 54 $796,924 52 days
Total Homes Average Price Avg Days on Site
All Homes 647 $798,517 81 days
Distressed Homes 7 $428,942 194 days
Multi-Million Dollar Homes 124 $2,274,384 76 days
Newly Built Homes 32 $1,352,894 59 days
Homes with a Pool 543 $878,646 78 days
Reduced Price Homes 5 $685,560 52 days