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Palm Springs Market Report

$1,162,167

AVERAGE PRICE OF 680 HOMES

$612,816

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,165,446

AVERAGE PRICE OF 272 MULTI-MILLION DOLLAR HOMES

$1,284,931

AVERAGE PRICE OF 51 NEWLY BUILT HOMES

$1,197,899

AVERAGE PRICE OF 497 HOMES WITH A POOL

$858,624

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $1,162,167
Avg Bedrooms 2.48 beds
Avg Bathrooms 2.37 baths

Average Price by Bedrooms

1 bedroom $255,596
2 bedrooms $557,226
3 bedrooms $1,169,117
4 bedrooms $1,603,737
5 bedrooms $3,033,574
Palm Springs Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings n/a 666 633 624 650
Average Price n/a $1,189,599 $1,079,927 $1,098,310 $1,106,062
Avg Price Change n/a +10.16% -1.70% -0.71% n/a
Median Price n/a $853,623 $826,481 $831,386 $837,320
Med Price Change n/a +3.28% -0.59% -0.71% n/a
Avg Bedrooms n/a 2.48 beds 2.42 beds 2.42 beds 2.42 beds
Avg Bathrooms n/a 2.38 baths 2.3 baths 2.32 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 50 $1,580,754 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 680 $1,162,167 90 days
Distressed Homes 6 $612,816 39 days
Multi-Million Dollar Homes 272 $2,165,446 79 days
Newly Built Homes 51 $1,284,931 105 days
Homes with a Pool 497 $1,197,899 81 days
Reduced Price Homes 45 $858,624 63 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 8, 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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