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Palm Springs Market Report

$1,010,396

AVERAGE PRICE OF 593 HOMES

$323,500

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,461,443

AVERAGE PRICE OF 166 MULTI-MILLION DOLLAR HOMES

$1,207,992

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$1,021,927

AVERAGE PRICE OF 405 HOMES WITH A POOL

$1,120,369

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $1,010,396
Avg Bedrooms 2.25 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $204,962
2 bedrooms $445,495
3 bedrooms $975,555
4 bedrooms $1,518,022
5 bedrooms $2,904,733
Palm Springs Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 572 553 580 600
Average Price n/a $1,008,869 $1,004,174 $926,379 $840,664
Avg Price Change n/a +0.47% +8.40% +10.20% +5.22%
Median Price n/a $579,538 $580,013 $521,566 $504,891
Med Price Change n/a -0.08% +11.21% +3.30% +9.25%
Avg Bedrooms n/a 2.18 beds 2.13 beds 2.09 beds 2.14 beds
Avg Bathrooms n/a 2.12 baths 2.14 baths 2.07 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 2 $282,500 31 days
Palm Springs 44 $1,153,492 106 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 593 $1,010,396 78 days
Distressed Homes 4 $323,500 153 days
Multi-Million Dollar Homes 166 $2,461,443 86 days
Newly Built Homes 44 $1,207,992 129 days
Homes with a Pool 405 $1,021,927 68 days
Reduced Price Homes 13 $1,120,369 55 days
Thunderbird Realty Company
Carly Butterfield
71-330 Hwy 111
Rancho Mirage, CA 92270
760-880-5881
DRE# 01886357

Based on information from California Regional Multiple Listing Service, Inc. as of December 7, 2021. 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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