Palm Springs Market Report
$923,931
AVERAGE PRICE OF 866 HOMES$972,500
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,934,500
AVERAGE PRICE OF 263 MULTI-MILLION DOLLAR HOMES$1,657,074
AVERAGE PRICE OF 33 NEWLY BUILT HOMES$1,002,656
AVERAGE PRICE OF 625 HOMES WITH A POOL$869,858
AVERAGE PRICE OF 43 REDUCED PRICE HOMESAverage Home
| Average Price | $923,931 |
| Avg Bedrooms | 2.43 beds |
| Avg Bathrooms | 2.28 baths |
Average Price by Bedrooms
| 1 bedroom | $272,255 |
| 2 bedrooms | $517,003 |
| 3 bedrooms | $1,017,632 |
| 4 bedrooms | $1,455,183 |
| 5 bedrooms | $2,658,390 |
Palm Springs Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 806 | 805 | 905 | 983 | 1,008 |
| Average Price | $915,440 | $929,737 | $973,275 | $1,009,878 | $1,035,353 |
| Avg Price Change | -1.56% | -4.68% | -3.76% | -2.52% | -1.74% |
| Median Price | $655,350 | $671,124 | $692,500 | $734,571 | $734,243 |
| Med Price Change | -2.41% | -3.19% | -6.08% | +0.04% | -3.93% |
| Avg Bedrooms | 2.46 beds | 2.48 beds | 2.54 beds | 2.55 beds | 2.54 beds |
| Avg Bathrooms | 2.29 baths | 2.33 baths | 2.4 baths | 2.41 baths | 2.41 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Palm Springs | 59 | $1,033,606 | 81 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 866 | $923,931 | 98 days |
| Distressed Homes | 2 | $972,500 | 87 days |
| Multi-Million Dollar Homes | 263 | $1,934,500 | 93 days |
| Newly Built Homes | 33 | $1,657,074 | 90 days |
| Homes with a Pool | 625 | $1,002,656 | 87 days |
| Reduced Price Homes | 43 | $869,858 | 74 days |
