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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

$764,934

AVERAGE PRICE OF 533 HOMES

$364,940

AVERAGE PRICE OF 10 DISTRESSED HOMES

$2,354,151

AVERAGE PRICE OF 89 MULTI-MILLION DOLLAR HOMES

$1,052,274

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$850,072

AVERAGE PRICE OF 433 HOMES WITH A POOL

$721,937

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $764,934
Avg Bedrooms 2.54 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $206,287
2 bedrooms $402,147
3 bedrooms $820,884
4 bedrooms $1,369,006
5 bedrooms $4,263,134
Palm Springs Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 616 666 735 737 748
Average Price $787,493 $767,600 $718,620 $680,638 $634,038
Avg Price Change +2.59% +6.82% +5.58% +7.35% +4.55%
Median Price $480,547 $461,670 $477,551 $460,518 $443,215
Med Price Change +4.09% -3.44% +3.70% +3.90% -2.34%
Avg Bedrooms 2.6 beds 2.59 beds 2.58 beds 2.56 beds 2.55 beds
Avg Bathrooms 2.58 baths 2.56 baths 2.54 baths 2.53 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Catcit 2 $254,450 54 days
Palspr 51 $842,519 60 days
Total Homes Average Price Avg Days on Site
All Homes 533 $764,934 89 days
Distressed Homes 10 $364,940 131 days
Multi-Million Dollar Homes 89 $2,354,151 87 days
Newly Built Homes 24 $1,052,274 82 days
Homes with a Pool 433 $850,072 87 days
Reduced Price Homes 16 $721,937 46 days