If you need assistance, please call 760-880-5881

Palm Springs Market Report

$1,122,061

AVERAGE PRICE OF 802 HOMES

$1,258,740

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,206,384

AVERAGE PRICE OF 289 MULTI-MILLION DOLLAR HOMES

$1,556,333

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$1,207,029

AVERAGE PRICE OF 587 HOMES WITH A POOL

$987,602

AVERAGE PRICE OF 42 REDUCED PRICE HOMES

Average Home

Average Price $1,122,061
Avg Bedrooms 2.49 beds
Avg Bathrooms 2.44 baths

Average Price by Bedrooms

1 bedroom $269,233
2 bedrooms $557,830
3 bedrooms $1,149,987
4 bedrooms $1,768,891
5 bedrooms $3,135,808
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 $758,833 24 days
Palm Springs 59 $1,411,147 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 802 $1,122,061 91 days
Distressed Homes 5 $1,258,740 86 days
Multi-Million Dollar Homes 289 $2,206,384 88 days
Newly Built Homes 43 $1,556,333 117 days
Homes with a Pool 587 $1,207,029 86 days
Reduced Price Homes 42 $987,602 65 days
Thunderbird Realty Company
Carly Butterfield
71-330 Hwy 111
Rancho Mirage, CA 92270
760-880-5881
DRE# 01886357

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
Based on information from California Regional Multiple Listing Service, Inc. as of March 31, 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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