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Palm Springs Market Report

$743,687

AVERAGE PRICE OF 721 HOMES

$378,594

AVERAGE PRICE OF 9 DISTRESSED HOMES

$2,064,337

AVERAGE PRICE OF 132 MULTI-MILLION DOLLAR HOMES

$901,746

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$820,243

AVERAGE PRICE OF 599 HOMES WITH A POOL

$552,108

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $743,687
Avg Bedrooms 2.59 beds
Avg Bathrooms 2.54 baths

Average Price by Bedrooms

1 bedroom $194,406
2 bedrooms $403,930
3 bedrooms $812,137
4 bedrooms $1,194,268
5 bedrooms $4,349,200
Palm Springs Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 737 748 793 817 785
Average Price $680,638 $634,038 $606,428 $611,424 $620,457
Avg Price Change +7.35% +4.55% -0.82% -1.48% -3.08%
Median Price $460,518 $443,215 $453,606 $470,806 $472,637
Med Price Change +3.90% -2.34% -3.79% -0.39% -2.01%
Avg Bedrooms 2.56 beds 2.55 beds 2.58 beds 2.61 beds 2.63 beds
Avg Bathrooms 2.53 baths 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 43 $757,473 54 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 721 $743,687 74 days
Distressed Homes 9 $378,594 174 days
Multi-Million Dollar Homes 132 $2,064,337 63 days
Newly Built Homes 33 $901,746 58 days
Homes with a Pool 599 $820,243 72 days
Reduced Price Homes 19 $552,108 55 days
Royale Real Estate
Gabriel Franco
78080 Calle Estado Ste 101
La Quinta, CA 92253
760-776-3200
DRE# 01443897

Based on information from California Regional Multiple Listing Service, Inc. as of October 24, 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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