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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

$1,007,336

AVERAGE PRICE OF 597 HOMES

$323,500

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,422,003

AVERAGE PRICE OF 168 MULTI-MILLION DOLLAR HOMES

$1,230,539

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$1,018,803

AVERAGE PRICE OF 402 HOMES WITH A POOL

$886,250

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $1,007,336
Avg Bedrooms 2.26 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $199,297
2 bedrooms $452,666
3 bedrooms $981,832
4 bedrooms $1,432,171
5 bedrooms $2,719,714
Palm Springs Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 572 553 580 600
Average Price n/a $1,008,869 $1,004,174 $926,379 $840,664
Avg Price Change n/a +0.47% +8.40% +10.20% +5.22%
Median Price n/a $579,538 $580,013 $521,566 $504,891
Med Price Change n/a -0.08% +11.21% +3.30% +9.25%
Avg Bedrooms n/a 2.18 beds 2.13 beds 2.09 beds 2.14 beds
Avg Bathrooms n/a 2.12 baths 2.14 baths 2.07 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 2 $282,500 26 days
Palm Springs 44 $1,153,969 101 days
Total Homes Average Price Avg Days on Site
All Homes 597 $1,007,336 76 days
Distressed Homes 4 $323,500 148 days
Multi-Million Dollar Homes 168 $2,422,003 83 days
Newly Built Homes 42 $1,230,539 130 days
Homes with a Pool 402 $1,018,803 66 days
Reduced Price Homes 4 $886,250 29 days