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Palm Springs Market Report

$1,279,008

AVERAGE PRICE OF 335 HOMES

$375,900

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,359,697

AVERAGE PRICE OF 142 MULTI-MILLION DOLLAR HOMES

$2,529,256

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$1,186,327

AVERAGE PRICE OF 275 HOMES WITH A POOL

$1,080,850

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $1,279,008
Avg Bedrooms 2.57 beds
Avg Bathrooms 2.51 baths

Average Price by Bedrooms

1 bedroom $294,525
2 bedrooms $568,508
3 bedrooms $1,228,102
4 bedrooms $1,721,121
5 bedrooms $2,989,575
Palm Springs Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 316 332 337 305 280
Average Price $1,295,519 $1,292,513 $1,275,998 $1,315,622 $1,144,121
Avg Price Change +0.23% +1.29% -3.11% +14.99% +2.55%
Median Price $824,383 $832,300 $826,293 $860,510 $761,913
Med Price Change -0.96% +0.73% -4.14% +12.94% -0.75%
Avg Bedrooms 2.62 beds 2.63 beds 2.58 beds 2.58 beds 2.49 beds
Avg Bathrooms 2.51 baths 2.48 baths 2.43 baths 2.4 baths 2.3 baths
Home Price by High School
School Name Total Homes Average Price
Cathedral City 1 $1,049,000
Palm Springs 25 $1,792,188
Home Price by House Size
Total Homes Average Price
All Homes 335 $1,279,008
Distressed Homes 2 $375,900
Multi-Million Dollar Homes 142 $2,359,697
Newly Built Homes 9 $2,529,256
Homes with a Pool 275 $1,186,327
Reduced Price Homes 14 $1,080,850