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Palm Springs

Why you'd want to live in Palm Springs

Palm Springs is a very well-known resort city in the Coachella Valley. Located approximately 82 miles from Big Bear, 107 miles east of Los Angeles and 123 miles northeast of San Diego. Palm Springs covers approximately 94 square miles, making it the largest city in the county by land and area. Palm Springs is desired for biking, golf, hiking, horseback riding, swimming and tennis. This city is also famous for its mid-century modern architecture and design elements. Of the 33 neighborhoods, 7 have historical and cultural significance. This destination city is world renowned for some of the best hotels including the Parker Palm Springs, The Ace Hotel & Swim Club, The Saguaro, Avalon Hotel and Bungalows, and Hard Rock Hotel. Since the 1920s. via citytowninfo.com

Palm Springs Market Report

$1,036,458

AVERAGE PRICE OF 1,019 HOMES

$889,000

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,068,657

AVERAGE PRICE OF 348 MULTI-MILLION DOLLAR HOMES

$1,836,254

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$1,141,321

AVERAGE PRICE OF 743 HOMES WITH A POOL

$718,378

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $1,036,458
Avg Bedrooms 2.49 beds
Avg Bathrooms 2.37 baths

Average Price by Bedrooms

1 bedroom $269,178
2 bedrooms $541,936
3 bedrooms $1,072,641
4 bedrooms $1,761,857
5 bedrooms $3,011,242
Palm Springs Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 993 906 806 805 905
Average Price $1,023,471 $955,316 $915,440 $929,737 $973,275
Avg Price Change +7.13% +4.36% -1.56% -4.68% -3.76%
Median Price $728,436 $667,129 $655,350 $671,124 $692,500
Med Price Change +9.19% +1.80% -2.41% -3.19% -6.08%
Avg Bedrooms 2.51 beds 2.46 beds 2.46 beds 2.48 beds 2.54 beds
Avg Bathrooms 2.39 baths 2.33 baths 2.29 baths 2.33 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 73 $1,182,077 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,019 $1,036,458 92 days
Distressed Homes 5 $889,000 104 days
Multi-Million Dollar Homes 348 $2,068,657 80 days
Newly Built Homes 40 $1,836,254 81 days
Homes with a Pool 743 $1,141,321 82 days
Reduced Price Homes 32 $718,378 95 days
Better Homes and Gardens - Desert Lifestyle Properties
Michael Erives
200 N. Sunrise Way
Palm Springs, CA 92262
760-409-1903
DRE# 01954960

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
Based on information from California Regional Multiple Listing Service, Inc. as of December 7, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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