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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

$624,342

AVERAGE PRICE OF 1,540 HOMES

$508,080

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,709,659

AVERAGE PRICE OF 207 MULTI-MILLION DOLLAR HOMES

$670,487

AVERAGE PRICE OF 99 NEWLY BUILT HOMES

$661,603

AVERAGE PRICE OF 1,325 HOMES WITH A POOL

$792,419

AVERAGE PRICE OF 62 REDUCED PRICE HOMES

Average Home

Average Price $624,342
Avg Bedrooms 2.65 beds
Avg Bathrooms 2.6 baths

Average Price by Bedrooms

1 bedroom $165,415
2 bedrooms $374,905
3 bedrooms $711,410
4 bedrooms $1,069,927
5 bedrooms $1,961,737
Palm Springs Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 1,374 1,287 731 778 889
Average Price $616,892 $596,493 $612,149 $641,938 $651,634
Avg Price Change +3.42% -2.62% -4.87% -1.51% +0.14%
Median Price $484,199 $469,485 $468,528 $469,450 $472,262
Med Price Change +3.13% +0.20% -0.20% -0.60% -0.22%
Avg Bedrooms 2.67 beds 2.66 beds 2.7 beds 2.69 beds 2.71 beds
Avg Bathrooms 2.61 baths 2.55 baths 2.54 baths 2.59 baths 2.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Catcit 1 $555,000 140 days
Other 1 $59,900 1,241 days
Palm Springs 46 $695,001 31 days
Palspr 11 $426,027 55 days
Total Homes Average Price Avg Days on Site
All Homes 1,540 $624,342 58 days
Distressed Homes 21 $508,080 149 days
Multi-Million Dollar Homes 207 $1,709,659 59 days
Newly Built Homes 99 $670,487 77 days
Homes with a Pool 1,325 $661,603 52 days
Reduced Price Homes 62 $792,419 49 days