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Palm Springs Market Report

$1,061,961

AVERAGE PRICE OF 1,016 HOMES

$1,181,400

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,105,517

AVERAGE PRICE OF 358 MULTI-MILLION DOLLAR HOMES

$2,052,048

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$1,169,031

AVERAGE PRICE OF 767 HOMES WITH A POOL

$1,062,071

AVERAGE PRICE OF 70 REDUCED PRICE HOMES

Average Home

Average Price $1,061,961
Avg Bedrooms 2.51 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $280,456
2 bedrooms $541,582
3 bedrooms $1,102,996
4 bedrooms $1,885,702
5 bedrooms $3,194,705
Palm Springs Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 990 910 898 880 886
Average Price $1,060,853 $1,092,349 $1,084,407 $1,098,240 $1,130,073
Avg Price Change -2.97% +0.73% -1.28% -2.90% +0.74%
Median Price $764,250 $797,633 $787,665 $789,300 $805,137
Med Price Change -4.37% +1.27% -0.21% -2.01% +0.82%
Avg Bedrooms 2.45 beds 2.48 beds 2.46 beds 2.47 beds 2.5 beds
Avg Bathrooms 2.37 baths 2.39 baths 2.37 baths 2.38 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 69 $1,393,817 93 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,016 $1,061,961 92 days
Distressed Homes 7 $1,181,400 83 days
Multi-Million Dollar Homes 358 $2,105,517 86 days
Newly Built Homes 35 $2,052,048 110 days
Homes with a Pool 767 $1,169,031 84 days
Reduced Price Homes 70 $1,062,071 71 days
Tracy Scott
74-890 CA-111
Indian Wells, CA 92210
760-840-7441
DRE# 00957686

RE/MAX Desert Properties and the RE/MAX Desert Properties are registered (or unregistered) service marks used with permission. RE/MAX Desert Properties fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. DRE #02038283
Based on information from California Regional Multiple Listing Service, Inc. as of April 20, 2024. 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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