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Rancho Mirage Market Report

$973,407

AVERAGE PRICE OF 995 HOMES

$994,755

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,341,646

AVERAGE PRICE OF 232 MULTI-MILLION DOLLAR HOMES

$923,615

AVERAGE PRICE OF 50 NEWLY BUILT HOMES

$1,032,082

AVERAGE PRICE OF 865 HOMES WITH A POOL

$604,087

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $973,407
Avg Bedrooms 3.19 beds
Avg Bathrooms 3.51 baths

Average Price by Bedrooms

1 bedroom $189,577
2 bedrooms $414,058
3 bedrooms $693,872
4 bedrooms $1,443,859
5 bedrooms $2,676,170
Rancho Mirage Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 906 847 457 501 552
Average Price $937,131 $916,989 $916,436 $942,600 $1,021,864
Avg Price Change +2.20% +0.06% -2.85% -8.41% -2.04%
Median Price $612,722 $603,040 $599,171 $599,000 $651,400
Med Price Change +1.61% +0.65% +0.03% -8.75% -2.09%
Avg Bedrooms 3.18 beds 3.15 beds 3.2 beds 3.2 beds 3.25 beds
Avg Bathrooms 3.47 baths 3.44 baths 3.46 baths 3.51 baths 3.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Catcit 1 $542,000 64 days
Cathedral City 1 $585,000 54 days
Paldes 4 $459,450 48 days
Palm Desert 1 $899,000 62 days
Rancho Mirage 26 $729,198 43 days
Ranmir 4 $546,199 48 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 995 $973,407 70 days
Distressed Homes 9 $994,755 117 days
Multi-Million Dollar Homes 232 $2,341,646 82 days
Newly Built Homes 50 $923,615 60 days
Homes with a Pool 865 $1,032,082 71 days
Reduced Price Homes 43 $604,087 63 days
Berkshire Hathaway Home Services
The Dean Sipe Group
2905 East Tahquitz Canyon Way
Palm Springs, CA 92262
760-422-3132
DRE# 01789257

Based on information from California Regional Multiple Listing Service, Inc. as of November 13, 2019. 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.