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

Palm Springs Market Report

$1,091,907

AVERAGE PRICE OF 889 HOMES

$707,532

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,057,159

AVERAGE PRICE OF 341 MULTI-MILLION DOLLAR HOMES

$1,571,128

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$1,192,731

AVERAGE PRICE OF 624 HOMES WITH A POOL

$620,224

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $1,091,907
Avg Bedrooms 2.47 beds
Avg Bathrooms 2.38 baths

Average Price by Bedrooms

1 bedroom $280,532
2 bedrooms $558,123
3 bedrooms $1,082,097
4 bedrooms $1,850,548
5 bedrooms $3,104,953
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 $596,500 148 days
Palm Springs 56 $1,301,402 93 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 889 $1,091,907 92 days
Distressed Homes 9 $707,532 68 days
Multi-Million Dollar Homes 341 $2,057,159 90 days
Newly Built Homes 42 $1,571,128 116 days
Homes with a Pool 624 $1,192,731 84 days
Reduced Price Homes 43 $620,224 81 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 December 11, 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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