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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

$789,746

AVERAGE PRICE OF 639 HOMES

$428,942

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,246,435

AVERAGE PRICE OF 121 MULTI-MILLION DOLLAR HOMES

$1,327,315

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$868,657

AVERAGE PRICE OF 536 HOMES WITH A POOL

$662,050

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $789,746
Avg Bedrooms 2.61 beds
Avg Bathrooms 2.59 baths

Average Price by Bedrooms

1 bedroom $197,694
2 bedrooms $383,777
3 bedrooms $829,805
4 bedrooms $1,450,593
5 bedrooms $4,236,200
Palm Springs Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 735 737 748 793 817
Average Price $718,620 $680,638 $634,038 $606,428 $611,424
Avg Price Change +5.58% +7.35% +4.55% -0.82% -1.48%
Median Price $477,551 $460,518 $443,215 $453,606 $470,806
Med Price Change +3.70% +3.90% -2.34% -3.79% -0.39%
Avg Bedrooms 2.58 beds 2.56 beds 2.55 beds 2.58 beds 2.61 beds
Avg Bathrooms 2.54 baths 2.53 baths 2.48 baths 2.45 baths 2.46 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Catcit 1 $159,900 27 days
Palspr 54 $845,257 55 days
Total Homes Average Price Avg Days on Site
All Homes 639 $789,746 80 days
Distressed Homes 7 $428,942 189 days
Multi-Million Dollar Homes 121 $2,246,435 74 days
Newly Built Homes 33 $1,327,315 54 days
Homes with a Pool 536 $868,657 76 days
Reduced Price Homes 13 $662,050 56 days