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Rancho Mirage

Why you'd want to live in Rancho Mirage

Rancho Mirage is one of the most luxurious cities in the Coachella valley. World renowned for its exclusive communities, golf courses, Hollywood glamour and international events. The Eisenhower Medical Center opened in November 1971, named for U.S. President Dwight D. Eisenhower. In 2005, the hospital was named top one hundred hospitals in the United States. The Annenberg Estate or Sunnylands is nationally known for the president’s playground. Richard Nixon, Ronald Reagan, Gerald Ford, and Barack Obama have vacationed here. Now, Sunnylands center and gardens are open to the public (admission is free) experience gardens, art and history. Rancho Mirage is also home to the campus of Santa Barbara Business College, a private college that offers academic degrees and career training. Rancho Mirage has some of the most prestigious communities; Thunderbird, Clancy Lane, Mirada Estates, and many more. In 2014, the Ritz Carlton opened and is the only 5 star hotel in the Coachella Valley. Conveniently located in the heart of Rancho Mirage is The River, with excellent restaurants, shopping and a movie theater. Mission Hills Golf Club has three championship golf courses, including the Dinah Shore Tournament Course. Rancho Mirage continues to be a desired community whether you’re looking for a rental property, investment property or relocation home.

Rancho Mirage Market Report

$915,758

AVERAGE PRICE OF 511 HOMES

$506,000

AVERAGE PRICE OF 4 DISTRESSED HOMES

$2,106,481

AVERAGE PRICE OF 124 MULTI-MILLION DOLLAR HOMES

$1,644,761

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$983,387

AVERAGE PRICE OF 437 HOMES WITH A POOL

$755,980

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $915,758
Avg Bedrooms 3.12 beds
Avg Bathrooms 3.35 baths

Average Price by Bedrooms

1 bedroom $207,723
2 bedrooms $385,368
3 bedrooms $706,957
4 bedrooms $1,466,276
5 bedrooms $2,580,913
Rancho Mirage Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 521 513 477 489 577
Average Price $949,232 $957,409 $964,678 $963,805 $981,780
Avg Price Change -0.86% -0.76% +0.09% -1.87% -1.03%
Median Price $616,179 $610,533 $612,837 $619,567 $626,059
Med Price Change +0.92% -0.38% -1.10% -1.05% -1.59%
Avg Bedrooms 3.16 beds 3.18 beds 3.2 beds 3.21 beds 3.21 beds
Avg Bathrooms 3.43 baths 3.45 baths 3.47 baths 3.5 baths 3.56 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ranmir 5 $1,033,680 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 511 $915,758 101 days
Distressed Homes 4 $506,000 211 days
Multi-Million Dollar Homes 124 $2,106,481 115 days
Newly Built Homes 13 $1,644,761 117 days
Homes with a Pool 437 $983,387 102 days
Reduced Price Homes 15 $755,980 76 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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