If you need assistance, please call 760-840-7441

Palm Springs Market Report

$1,034,845

AVERAGE PRICE OF 545 HOMES

$190,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,510,101

AVERAGE PRICE OF 155 MULTI-MILLION DOLLAR HOMES

$1,164,895

AVERAGE PRICE OF 41 NEWLY BUILT HOMES

$991,851

AVERAGE PRICE OF 370 HOMES WITH A POOL

$846,627

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $1,034,845
Avg Bedrooms 2.16 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $206,967
2 bedrooms $445,465
3 bedrooms $1,067,720
4 bedrooms $1,736,487
5 bedrooms $2,630,154
Palm Springs Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 580 600 610 617 627
Average Price $926,379 $840,664 $798,982 $835,104 $833,449
Avg Price Change +10.20% +5.22% -4.52% +0.20% +4.03%
Median Price $521,566 $504,891 $462,151 $468,839 $431,396
Med Price Change +3.30% +9.25% -1.45% +8.68% +2.84%
Avg Bedrooms 2.09 beds 2.14 beds 2.11 beds 2.16 beds 2.15 beds
Avg Bathrooms 2.07 baths 2.07 baths 2.03 baths 2.14 baths 2.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 2 $252,475 56 days
Other 1 $998,000 49 days
Palm Springs 47 $1,186,031 60 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 545 $1,034,845 61 days
Distressed Homes 2 $190,000 183 days
Multi-Million Dollar Homes 155 $2,510,101 63 days
Newly Built Homes 41 $1,164,895 94 days
Homes with a Pool 370 $991,851 51 days
Reduced Price Homes 11 $846,627 71 days
Tracy Scott
74-890 CA-111
Indian Wells, CA 92210
760-840-7441
DRE# 00957686

Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Sotheby’s International Realty Affiliates LLC 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 #01527319
Based on information from California Regional Multiple Listing Service, Inc. as of September 26, 2021. 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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