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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

$1,054,188

AVERAGE PRICE OF 1,169 HOMES

$971,650

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,091,579

AVERAGE PRICE OF 395 MULTI-MILLION DOLLAR HOMES

$2,124,787

AVERAGE PRICE OF 37 NEWLY BUILT HOMES

$1,137,155

AVERAGE PRICE OF 888 HOMES WITH A POOL

$828,844

AVERAGE PRICE OF 88 REDUCED PRICE HOMES

Average Home

Average Price $1,054,188
Avg Bedrooms 2.51 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $277,845
2 bedrooms $551,403
3 bedrooms $1,105,605
4 bedrooms $1,895,262
5 bedrooms $2,875,265
Palm Springs Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 1,004 1,006 993 906 806
Average Price $1,057,716 $1,044,298 $1,023,471 $955,316 $915,440
Avg Price Change +1.28% +2.03% +7.13% +4.36% -1.56%
Median Price $763,841 $749,340 $728,436 $667,129 $655,350
Med Price Change +1.94% +2.87% +9.19% +1.80% -2.41%
Avg Bedrooms 2.49 beds 2.49 beds 2.51 beds 2.46 beds 2.46 beds
Avg Bathrooms 2.38 baths 2.37 baths 2.39 baths 2.33 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 80 $1,257,180 84 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,169 $1,054,188 92 days
Distressed Homes 6 $971,650 116 days
Multi-Million Dollar Homes 395 $2,091,579 88 days
Newly Built Homes 37 $2,124,787 104 days
Homes with a Pool 888 $1,137,155 82 days
Reduced Price Homes 88 $828,844 84 days
Desert Lifestyle Properties
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 February 15, 2025. 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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