If you need assistance, please call 760-776-3200

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

$910,663

AVERAGE PRICE OF 790 HOMES

$614,780

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,907,179

AVERAGE PRICE OF 236 MULTI-MILLION DOLLAR HOMES

$1,723,393

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$1,004,418

AVERAGE PRICE OF 557 HOMES WITH A POOL

$814,518

AVERAGE PRICE OF 41 REDUCED PRICE HOMES

Average Home

Average Price $910,663
Avg Bedrooms 2.45 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $261,262
2 bedrooms $489,619
3 bedrooms $1,003,609
4 bedrooms $1,410,268
5 bedrooms $2,484,678
Palm Springs Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 805 905 983 1,008 1,002
Average Price $929,737 $973,275 $1,009,878 $1,035,353 $1,053,318
Avg Price Change -4.68% -3.76% -2.52% -1.74% -0.72%
Median Price $671,124 $692,500 $734,571 $734,243 $763,111
Med Price Change -3.19% -6.08% +0.04% -3.93% -0.15%
Avg Bedrooms 2.48 beds 2.54 beds 2.55 beds 2.54 beds 2.49 beds
Avg Bathrooms 2.33 baths 2.4 baths 2.41 baths 2.41 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 55 $1,148,358 81 days
Total Homes Average Price Avg Days on Site
All Homes 790 $910,663 107 days
Distressed Homes 5 $614,780 43 days
Multi-Million Dollar Homes 236 $1,907,179 106 days
Newly Built Homes 24 $1,723,393 129 days
Homes with a Pool 557 $1,004,418 96 days
Reduced Price Homes 41 $814,518 76 days