If you need assistance, please call 760-409-1903

Palm Springs Market Report

$1,110,752

AVERAGE PRICE OF 796 HOMES

$1,258,740

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,186,709

AVERAGE PRICE OF 284 MULTI-MILLION DOLLAR HOMES

$1,461,798

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$1,199,430

AVERAGE PRICE OF 585 HOMES WITH A POOL

$845,207

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

Average Home

Average Price $1,110,752
Avg Bedrooms 2.49 beds
Avg Bathrooms 2.44 baths

Average Price by Bedrooms

1 bedroom $270,885
2 bedrooms $558,409
3 bedrooms $1,169,065
4 bedrooms $1,735,066
5 bedrooms $3,148,723
Palm Springs Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 742 647 679 n/a 666
Average Price $1,161,718 $1,182,469 $1,170,797 n/a $1,189,599
Avg Price Change -1.79% +1.00% n/a n/a +10.16%
Median Price $823,924 $840,526 $848,165 n/a $853,623
Med Price Change -2.01% -0.91% n/a n/a +3.28%
Avg Bedrooms 2.47 beds 2.5 beds 2.49 beds n/a 2.48 beds
Avg Bathrooms 2.43 baths 2.41 baths 2.37 baths n/a 2.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 6 $757,316 21 days
Palm Springs 57 $1,409,645 92 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 796 $1,110,752 91 days
Distressed Homes 5 $1,258,740 83 days
Multi-Million Dollar Homes 284 $2,186,709 89 days
Newly Built Homes 43 $1,461,798 115 days
Homes with a Pool 585 $1,199,430 86 days
Reduced Price Homes 47 $845,207 64 days
Better Homes and Gardens/Leaskou Partners
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 March 29, 2023. 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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