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Palm Springs Market Report

$990,682

AVERAGE PRICE OF 530 HOMES

$398,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,262,363

AVERAGE PRICE OF 157 MULTI-MILLION DOLLAR HOMES

$1,234,528

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$1,053,031

AVERAGE PRICE OF 351 HOMES WITH A POOL

$903,957

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $990,682
Avg Bedrooms 2.13 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $240,345
2 bedrooms $537,559
3 bedrooms $1,031,383
4 bedrooms $1,568,898
5 bedrooms $3,138,992
Palm Springs Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 566 n/a 572 553 580
Average Price $993,859 n/a $1,008,869 $1,004,174 $926,379
Avg Price Change n/a n/a +0.47% +8.40% +10.20%
Median Price $614,116 n/a $579,538 $580,013 $521,566
Med Price Change n/a n/a -0.08% +11.21% +3.30%
Avg Bedrooms 2.23 beds n/a 2.18 beds 2.13 beds 2.09 beds
Avg Bathrooms 2.17 baths n/a 2.12 baths 2.14 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 2 $214,499 51 days
Palm Springs 41 $1,181,760 117 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 530 $990,682 83 days
Distressed Homes 3 $398,333 223 days
Multi-Million Dollar Homes 157 $2,262,363 88 days
Newly Built Homes 44 $1,234,528 129 days
Homes with a Pool 351 $1,053,031 75 days
Reduced Price Homes 7 $903,957 46 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 January 18, 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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