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Palm Springs

Why you'd want to live in Palm Springs

This sun drenched desert oasis vacation destination is returning to its glory days as a Hollywood playground, a central gathering spot for modern architectural design aficionados, musicians and artists drawn by nature’s inspiration, and an increasing crowd of cool-seekers. Pool parties, vintage clothing, midcentury furniture and architecture stand out as a few favorite attractions to Palm Springs. With a share of Hollywood glitz and glamour, stars such as Frank Sinatra, Bob Hope and Lucille Ball all built homes here, adding a touch of stardust. Wearing a favorite vintage outfit, shopping for midcentury modern treasures in Uptown Design District, dining alfresco in downtown bistros under the warm sun...now that’s a lifestyle.

Palm Springs Market Report

$675,238

AVERAGE PRICE OF 740 HOMES

$349,038

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,820,234

AVERAGE PRICE OF 126 MULTI-MILLION DOLLAR HOMES

$850,262

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$735,143

AVERAGE PRICE OF 614 HOMES WITH A POOL

$838,587

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $675,238
Avg Bedrooms 2.58 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $194,035
2 bedrooms $382,828
3 bedrooms $780,260
4 bedrooms $1,207,899
5 bedrooms $2,510,188
Palm Springs Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings n/a 748 793 817 785
Average Price n/a $634,038 $606,428 $611,424 $620,457
Avg Price Change n/a +4.55% -0.82% -1.48% -3.08%
Median Price n/a $443,215 $453,606 $470,806 $472,637
Med Price Change n/a -2.34% -3.79% -0.39% -2.01%
Avg Bedrooms n/a 2.55 beds 2.58 beds 2.61 beds 2.63 beds
Avg Bathrooms n/a 2.48 baths 2.45 baths 2.46 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palspr 42 $824,799 49 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 740 $675,238 75 days
Distressed Homes 9 $349,038 159 days
Multi-Million Dollar Homes 126 $1,820,234 62 days
Newly Built Homes 33 $850,262 51 days
Homes with a Pool 614 $735,143 73 days
Reduced Price Homes 8 $838,587 56 days
Berkshire Hathaway Home Services
The Dean Sipe Group
2905 East Tahquitz Canyon Way
Palm Springs, CA 92262
760-668-5386
DRE# 01789257

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
Based on information from California Regional Multiple Listing Service, Inc. as of October 1, 2020. 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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