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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

$602,785

AVERAGE PRICE OF 807 HOMES

$470,818

AVERAGE PRICE OF 11 DISTRESSED HOMES

$1,644,542

AVERAGE PRICE OF 107 MULTI-MILLION DOLLAR HOMES

$690,826

AVERAGE PRICE OF 30 NEWLY BUILT HOMES

$656,940

AVERAGE PRICE OF 660 HOMES WITH A POOL

$578,086

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $602,785
Avg Bedrooms 2.59 beds
Avg Bathrooms 2.44 baths

Average Price by Bedrooms

1 bedroom $202,218
2 bedrooms $373,885
3 bedrooms $708,147
4 bedrooms $1,052,554
5 bedrooms $1,862,417
Palm Springs Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 817 785 721 845 839
Average Price $611,424 $620,457 $639,540 $670,922 $671,811
Avg Price Change -1.48% -3.08% -4.91% -0.13% +1.61%
Median Price $470,806 $472,637 $482,144 $495,627 $497,025
Med Price Change -0.39% -2.01% -2.80% -0.28% +1.82%
Avg Bedrooms 2.61 beds 2.63 beds 2.66 beds 2.69 beds 2.68 beds
Avg Bathrooms 2.46 baths 2.48 baths 2.53 baths 2.58 baths 2.67 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palspr 2 $347,450 133 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 807 $602,785 90 days
Distressed Homes 11 $470,818 149 days
Multi-Million Dollar Homes 107 $1,644,542 84 days
Newly Built Homes 30 $690,826 79 days
Homes with a Pool 660 $656,940 89 days
Reduced Price Homes 19 $578,086 69 days
Berkshire Hathaway Home Services
The Dean Sipe Group
2905 East Tahquitz Canyon Way
Palm Springs, CA 92262
760-668-5386
DRE# 01789257

Based on information from California Regional Multiple Listing Service, Inc. as of July 6, 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.