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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

$873,760

AVERAGE PRICE OF 600 HOMES

$183,500

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,116,787

AVERAGE PRICE OF 161 MULTI-MILLION DOLLAR HOMES

$1,219,797

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$926,818

AVERAGE PRICE OF 391 HOMES WITH A POOL

$1,373,833

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $873,760
Avg Bedrooms 2.15 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $209,926
2 bedrooms $464,297
3 bedrooms $1,025,379
4 bedrooms $1,418,932
5 bedrooms $2,284,846
Palm Springs Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 610 617 627 600 n/a
Average Price $798,982 $835,104 $833,449 $801,171 n/a
Avg Price Change -4.52% +0.20% +4.03% n/a n/a
Median Price $462,151 $468,839 $431,396 $419,500 n/a
Med Price Change -1.45% +8.68% +2.84% n/a n/a
Avg Bedrooms 2.11 beds 2.16 beds 2.15 beds 2.08 beds n/a
Avg Bathrooms 2.03 baths 2.14 baths 2.17 baths 2.08 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 2 $282,000 17 days
Palm Springs 30 $835,247 62 days
Total Homes Average Price Avg Days on Site
All Homes 600 $873,760 51 days
Distressed Homes 4 $183,500 92 days
Multi-Million Dollar Homes 161 $2,116,787 46 days
Newly Built Homes 27 $1,219,797 85 days
Homes with a Pool 391 $926,818 45 days
Reduced Price Homes 12 $1,373,833 38 days