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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

$615,256

AVERAGE PRICE OF 749 HOMES

$272,372

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,680,707

AVERAGE PRICE OF 108 MULTI-MILLION DOLLAR HOMES

$748,858

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$674,533

AVERAGE PRICE OF 604 HOMES WITH A POOL

$570,000

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $615,256
Avg Bedrooms 2.56 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

1 bedroom $187,566
2 bedrooms $376,138
3 bedrooms $746,859
4 bedrooms $1,128,324
5 bedrooms $1,765,500
Palm Springs Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 793 817 785 721 845
Average Price $606,428 $611,424 $620,457 $639,540 $670,922
Avg Price Change -0.82% -1.48% -3.08% -4.91% -0.13%
Median Price $453,606 $470,806 $472,637 $482,144 $495,627
Med Price Change -3.79% -0.39% -2.01% -2.80% -0.28%
Avg Bedrooms 2.58 beds 2.61 beds 2.63 beds 2.66 beds 2.69 beds
Avg Bathrooms 2.45 baths 2.46 baths 2.48 baths 2.53 baths 2.58 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palspr 3 $549,666 15 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 749 $615,256 86 days
Distressed Homes 9 $272,372 156 days
Multi-Million Dollar Homes 108 $1,680,707 67 days
Newly Built Homes 32 $748,858 69 days
Homes with a Pool 604 $674,533 84 days
Reduced Price Homes 15 $570,000 52 days
Compass | Canavan Coit & Associates
74199 El Paseo
Palm Desert, CA 92260
760-835-1006
DRE# 00956865
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Based on information from California Regional Multiple Listing Service, Inc. as of August 8, 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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