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Rancho Mirage

Why you'd want to live in Rancho Mirage

Rancho Mirage is one of the most luxurious cities in the Coachella valley. World renowned for its exclusive communities, golf courses, Hollywood glamour and international events. The Eisenhower Medical Center opened in November 1971, named for U.S. President Dwight D. Eisenhower. In 2005, the hospital was named top one hundred hospitals in the United States. The Annenberg Estate or Sunnylands is nationally known for the president’s playground. Richard Nixon, Ronald Reagan, Gerald Ford, and Barack Obama have vacationed here. Now, Sunnylands center and gardens are open to the public (admission is free) experience gardens, art and history. Rancho Mirage is also home to the campus of Santa Barbara Business College, a private college that offers academic degrees and career training. Rancho Mirage has some of the most prestigious communities; Thunderbird, Clancy Lane, Mirada Estates, and many more. In 2014, the Ritz Carlton opened and is the only 5 star hotel in the Coachella Valley. Conveniently located in the heart of Rancho Mirage is The River, with excellent restaurants, shopping and a movie theater. Mission Hills Golf Club has three championship golf courses, including the Dinah Shore Tournament Course. Rancho Mirage continues to be a desired community whether you’re looking for a rental property, investment property or relocation home. via citytowninfo.com

Rancho Mirage Market Report

$1,291,138

AVERAGE PRICE OF 253 HOMES

$571,500

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,456,989

AVERAGE PRICE OF 96 MULTI-MILLION DOLLAR HOMES

$1,334,802

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$1,211,205

AVERAGE PRICE OF 194 HOMES WITH A POOL

$1,092,306

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $1,291,138
Avg Bedrooms 2.89 beds
Avg Bathrooms 3.05 baths

Average Price by Bedrooms

1 bedroom $344,333
2 bedrooms $568,480
3 bedrooms $981,624
4 bedrooms $1,688,083
5 bedrooms $2,527,000
Rancho Mirage Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 225 226 n/a n/a n/a
Average Price $1,290,885 $1,321,724 n/a n/a n/a
Avg Price Change -2.39% n/a n/a n/a n/a
Median Price $879,200 $887,400 n/a n/a n/a
Med Price Change -0.93% n/a n/a n/a n/a
Avg Bedrooms 2.83 beds 2.81 beds n/a n/a n/a
Avg Bathrooms 2.9 baths 2.86 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 1 $199,999 39 days
Palm Desert 2 $632,000 10 days
Palm Springs 1 $1,495,000 83 days
Rancho Mirage 12 $1,070,987 48 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 253 $1,291,138 88 days
Distressed Homes 1 $571,500 126 days
Multi-Million Dollar Homes 96 $2,456,989 111 days
Newly Built Homes 26 $1,334,802 128 days
Homes with a Pool 194 $1,211,205 80 days
Reduced Price Homes 25 $1,092,306 51 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 September 28, 2022. 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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