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Rancho Mirage Market Report

$1,317,171

AVERAGE PRICE OF 385 HOMES

$1,391,200

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,385,631

AVERAGE PRICE OF 153 MULTI-MILLION DOLLAR HOMES

$1,636,542

AVERAGE PRICE OF 45 NEWLY BUILT HOMES

$1,364,899

AVERAGE PRICE OF 302 HOMES WITH A POOL

$1,274,749

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $1,317,171
Avg Bedrooms 2.94 beds
Avg Bathrooms 3.16 baths

Average Price by Bedrooms

1 bedroom $375,533
2 bedrooms $699,483
3 bedrooms $1,040,283
4 bedrooms $2,015,003
5 bedrooms $2,669,450
Rancho Mirage Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 365 321 313 n/a 292
Average Price $1,304,393 $1,322,528 $1,345,775 n/a $1,296,225
Avg Price Change -1.39% -1.76% n/a n/a -0.74%
Median Price $849,016 $845,751 $887,696 n/a $869,264
Med Price Change +0.39% -4.96% n/a n/a -1.39%
Avg Bedrooms 2.96 beds 2.96 beds 3.01 beds n/a 2.96 beds
Avg Bathrooms 3.19 baths 3.15 baths 3.19 baths n/a 3.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Rancho Mirage 18 $1,202,378 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 385 $1,317,171 89 days
Distressed Homes 4 $1,391,200 78 days
Multi-Million Dollar Homes 153 $2,385,631 97 days
Newly Built Homes 45 $1,636,542 120 days
Homes with a Pool 302 $1,364,899 87 days
Reduced Price Homes 16 $1,274,749 69 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 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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