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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

$869,685

AVERAGE PRICE OF 598 HOMES

$183,500

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,129,865

AVERAGE PRICE OF 158 MULTI-MILLION DOLLAR HOMES

$1,209,900

AVERAGE PRICE OF 28 NEWLY BUILT HOMES

$905,591

AVERAGE PRICE OF 396 HOMES WITH A POOL

$611,589

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $869,685
Avg Bedrooms 2.13 beds
Avg Bathrooms 2.1 baths

Average Price by Bedrooms

1 bedroom $211,287
2 bedrooms $464,497
3 bedrooms $1,039,911
4 bedrooms $1,422,460
5 bedrooms $2,189,143
Palm Springs Home Price Trends
  7/2021 6/2021 5/2021 4/2021 3/2021
Total Listings 600 610 617 627 600
Average Price $840,664 $798,982 $835,104 $833,449 $801,171
Avg Price Change +5.22% -4.52% +0.20% +4.03% n/a
Median Price $504,891 $462,151 $468,839 $431,396 $419,500
Med Price Change +9.25% -1.45% +8.68% +2.84% n/a
Avg Bedrooms 2.14 beds 2.11 beds 2.16 beds 2.15 beds 2.08 beds
Avg Bathrooms 2.07 baths 2.03 baths 2.14 baths 2.17 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 2 $282,000 27 days
Palm Springs 33 $871,488 63 days
Total Homes Average Price Avg Days on Site
All Homes 598 $869,685 56 days
Distressed Homes 4 $183,500 102 days
Multi-Million Dollar Homes 158 $2,129,865 53 days
Newly Built Homes 28 $1,209,900 92 days
Homes with a Pool 396 $905,591 49 days
Reduced Price Homes 10 $611,589 32 days