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Palm Springs

Why you'd want to live in Palm Springs

Palm Springs is a very well-known resort city in the Coachella Valley. Located approximately 82 miles from Big Bear, 107 miles east of Los Angeles and 123 miles northeast of San Diego. Palm Springs covers approximately 94 square miles, making it the largest city in the county by land and area. Palm Springs is desired for biking, golf, hiking, horseback riding, swimming and tennis. This city is also famous for its mid-century modern architecture and design elements. Of the 33 neighborhoods, 7 have historical and cultural significance. This destination city is world renowned for some of the best hotels including the Parker Palm Springs, The Ace Hotel & Swim Club, The Saguaro, Avalon Hotel and Bungalows, and Hard Rock Hotel. Since the 1920s.

Palm Springs Market Report

$674,682

AVERAGE PRICE OF 745 HOMES

$350,066

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,858,625

AVERAGE PRICE OF 123 MULTI-MILLION DOLLAR HOMES

$818,556

AVERAGE PRICE OF 36 NEWLY BUILT HOMES

$733,920

AVERAGE PRICE OF 618 HOMES WITH A POOL

$690,975

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $674,682
Avg Bedrooms 2.57 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $192,675
2 bedrooms $385,104
3 bedrooms $773,731
4 bedrooms $1,237,143
5 bedrooms $2,705,893
Palm Springs Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 748 793 817 785 721
Average Price $634,038 $606,428 $611,424 $620,457 $639,540
Avg Price Change +4.55% -0.82% -1.48% -3.08% -4.91%
Median Price $443,215 $453,606 $470,806 $472,637 $482,144
Med Price Change -2.34% -3.79% -0.39% -2.01% -2.80%
Avg Bedrooms 2.55 beds 2.58 beds 2.61 beds 2.63 beds 2.66 beds
Avg Bathrooms 2.48 baths 2.45 baths 2.46 baths 2.48 baths 2.53 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palspr 44 $827,308 45 days
Total Homes Average Price Avg Days on Site
All Homes 745 $674,682 74 days
Distressed Homes 9 $350,066 154 days
Multi-Million Dollar Homes 123 $1,858,625 62 days
Newly Built Homes 36 $818,556 60 days
Homes with a Pool 618 $733,920 72 days
Reduced Price Homes 10 $690,975 42 days