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Palm Springs Market Report

$1,170,530

AVERAGE PRICE OF 651 HOMES

$445,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,167,843

AVERAGE PRICE OF 264 MULTI-MILLION DOLLAR HOMES

$1,380,870

AVERAGE PRICE OF 54 NEWLY BUILT HOMES

$1,214,541

AVERAGE PRICE OF 475 HOMES WITH A POOL

$850,472

AVERAGE PRICE OF 41 REDUCED PRICE HOMES

Average Home

Average Price $1,170,530
Avg Bedrooms 2.47 beds
Avg Bathrooms 2.39 baths

Average Price by Bedrooms

1 bedroom $276,328
2 bedrooms $572,619
3 bedrooms $1,194,811
4 bedrooms $1,694,804
5 bedrooms $2,595,575
Palm Springs Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 633 624 650 n/a n/a
Average Price $1,079,927 $1,098,310 $1,106,062 n/a n/a
Avg Price Change -1.70% -0.71% n/a n/a n/a
Median Price $826,481 $831,386 $837,320 n/a n/a
Med Price Change -0.59% -0.71% n/a n/a n/a
Avg Bedrooms 2.42 beds 2.42 beds 2.42 beds n/a n/a
Avg Bathrooms 2.3 baths 2.32 baths 2.34 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 49 $1,355,360 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 651 $1,170,530 86 days
Distressed Homes 2 $445,000 284 days
Multi-Million Dollar Homes 264 $2,167,843 73 days
Newly Built Homes 54 $1,380,870 135 days
Homes with a Pool 475 $1,214,541 78 days
Reduced Price Homes 41 $850,472 52 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 October 2, 2022. 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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