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Palm Springs Market Report

$840,897

AVERAGE PRICE OF 514 HOMES

$368,675

AVERAGE PRICE OF 8 DISTRESSED HOMES

$2,477,119

AVERAGE PRICE OF 97 MULTI-MILLION DOLLAR HOMES

$930,881

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$943,217

AVERAGE PRICE OF 409 HOMES WITH A POOL

$575,880

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $840,897
Avg Bedrooms 2.63 beds
Avg Bathrooms 2.65 baths

Average Price by Bedrooms

1 bedroom $208,822
2 bedrooms $432,133
3 bedrooms $840,299
4 bedrooms $1,313,073
5 bedrooms $4,055,600
Palm Springs Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings 475 530 616 666 735
Average Price $844,211 $785,053 $787,493 $767,600 $718,620
Avg Price Change +7.54% -0.31% +2.59% +6.82% +5.58%
Median Price $461,955 $441,306 $480,547 $461,670 $477,551
Med Price Change +4.68% -8.89% +4.09% -3.44% +3.70%
Avg Bedrooms 2.63 beds 2.56 beds 2.6 beds 2.59 beds 2.58 beds
Avg Bathrooms 2.63 baths 2.55 baths 2.58 baths 2.56 baths 2.54 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Catcit 4 $456,000 31 days
Palspr 32 $1,203,253 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 514 $840,897 73 days
Distressed Homes 8 $368,675 182 days
Multi-Million Dollar Homes 97 $2,477,119 75 days
Newly Built Homes 27 $930,881 67 days
Homes with a Pool 409 $943,217 75 days
Reduced Price Homes 5 $575,880 86 days
THE TRACY SCOTT GROUP | PACIFIC SOTHEBY’S INTERNATIONAL REALTY
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 March 7, 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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