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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

$1,018,856

AVERAGE PRICE OF 574 HOMES

$159,666

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,489,730

AVERAGE PRICE OF 162 MULTI-MILLION DOLLAR HOMES

$1,180,687

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$991,352

AVERAGE PRICE OF 379 HOMES WITH A POOL

$1,300,136

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $1,018,856
Avg Bedrooms 2.2 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $197,869
2 bedrooms $448,918
3 bedrooms $1,000,332
4 bedrooms $1,678,598
5 bedrooms $2,607,500
Palm Springs Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 553 580 600 610 617
Average Price $1,004,174 $926,379 $840,664 $798,982 $835,104
Avg Price Change +8.40% +10.20% +5.22% -4.52% +0.20%
Median Price $580,013 $521,566 $504,891 $462,151 $468,839
Med Price Change +11.21% +3.30% +9.25% -1.45% +8.68%
Avg Bedrooms 2.13 beds 2.09 beds 2.14 beds 2.11 beds 2.16 beds
Avg Bathrooms 2.14 baths 2.07 baths 2.07 baths 2.03 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Other 1 $998,000 71 days
Palm Springs 55 $1,045,482 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 574 $1,018,856 64 days
Distressed Homes 3 $159,666 142 days
Multi-Million Dollar Homes 162 $2,489,730 66 days
Newly Built Homes 44 $1,180,687 104 days
Homes with a Pool 379 $991,352 54 days
Reduced Price Homes 14 $1,300,136 55 days
Better Homes and Gardens/Leaskou Partners
Michael Erives
200 N. Sunrise Way
Palm Springs, CA 92262
760-409-1903
DRE# 01954960

Based on information from California Regional Multiple Listing Service, Inc. as of October 18, 2021. 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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