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

Palm Springs Market Report

$1,110,872

AVERAGE PRICE OF 889 HOMES

$707,532

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,099,728

AVERAGE PRICE OF 342 MULTI-MILLION DOLLAR HOMES

$1,650,844

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$1,218,415

AVERAGE PRICE OF 628 HOMES WITH A POOL

$1,015,483

AVERAGE PRICE OF 67 REDUCED PRICE HOMES

Average Home

Average Price $1,110,872
Avg Bedrooms 2.49 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $281,758
2 bedrooms $553,664
3 bedrooms $1,093,351
4 bedrooms $1,855,780
5 bedrooms $3,097,542
Palm Springs Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 886 784 677 658 704
Average Price $1,130,073 $1,121,766 $1,057,190 $1,054,560 $1,077,058
Avg Price Change +0.74% +6.11% +0.25% -2.13% -2.35%
Median Price $805,137 $798,616 $739,691 $747,633 $781,372
Med Price Change +0.82% +7.97% -1.07% -4.51% -0.20%
Avg Bedrooms 2.5 beds 2.43 beds 2.36 beds 2.39 beds 2.48 beds
Avg Bathrooms 2.39 baths 2.31 baths 2.22 baths 2.27 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 2 $596,500 143 days
Palm Springs 54 $1,329,437 95 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 889 $1,110,872 91 days
Distressed Homes 9 $707,532 63 days
Multi-Million Dollar Homes 342 $2,099,728 90 days
Newly Built Homes 43 $1,650,844 119 days
Homes with a Pool 628 $1,218,415 84 days
Reduced Price Homes 67 $1,015,483 81 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 December 6, 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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