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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
Average Home
| Average Price |
$1,121,879 |
| Avg Bedrooms |
2.49 beds |
| Avg Bathrooms |
2.44 baths |
Average Price by Bedrooms
| |
2/2023 |
1/2023 |
12/2022 |
11/2022 |
10/2022 |
| Total Listings |
742 |
647 |
679 |
n/a |
666 |
| Average Price |
$1,161,718 |
$1,182,469 |
$1,170,797 |
n/a |
$1,189,599 |
| Avg Price Change |
-1.79% |
+1.00% |
n/a |
n/a |
+10.16% |
| Median Price |
$823,924 |
$840,526 |
$848,165 |
n/a |
$853,623 |
| Med Price Change |
-2.01% |
-0.91% |
n/a |
n/a |
+3.28% |
| Avg Bedrooms |
2.47 beds |
2.5 beds |
2.49 beds |
n/a |
2.48 beds |
| Avg Bathrooms |
2.43 baths |
2.41 baths |
2.37 baths |
n/a |
2.38 baths |
|
Total Homes |
Average Price |
Avg Days on Site |
| All Homes |
802 |
$1,121,879 |
91 days |
| Distressed Homes |
5 |
$1,258,740 |
85 days |
| Multi-Million Dollar Homes |
289 |
$2,200,969 |
88 days |
| Newly Built Homes |
44 |
$1,542,780 |
114 days |
| Homes with a Pool |
587 |
$1,204,952 |
86 days |
| Reduced Price Homes |
45 |
$936,040 |
61 days |
