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Palm Springs

Why you'd want to live in Palm Springs

Whether it’s a round of golf in the winter or a massage at a first-class spa resort, Palm Springs is the place to enjoy life. Often described as a small city with the cultural amenities of an urban area, the shopping, entertainment, dining and recreational opportunities are first-class. Palm Springs lies on the western edge of the Coachella Valley in central Riverside County approximately 107 miles east of Los Angeles. It is within the ecological area known as the Colorado Desert and is 487 feet above sea level. Rising behind the downtown is the impressive Mt. San Jacinto, elevation 10,831 feet. Palm Springs covers a geographical area of 96 square miles with well-established neighborhoods. Recently there has been a fascination with mid-century modern architecture - something Palm Springs is proud to have as part of its mix of eclectic design styles. via palmspringsca.gov

Palm Springs Market Report

$1,201,138

AVERAGE PRICE OF 305 HOMES

$1,934,079

AVERAGE PRICE OF 141 MULTI-MILLION DOLLAR HOMES

$1,554,096

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$1,210,830

AVERAGE PRICE OF 298 HOMES WITH A POOL

$954,490

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $1,201,138
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $281,581
2 bedrooms $663,198
3 bedrooms $1,188,117
4 bedrooms $2,088,886
5 bedrooms $2,536,119
Palm Springs Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 1,325 1,316 1,291 1,189 1,140
Average Price $1,070,778 $1,087,384 $1,088,669 $1,123,540 $1,119,155
Avg Price Change -1.55% -0.12% -3.20% +0.39% -0.40%
Median Price $774,679 $799,709 $802,806 $844,852 $840,080
Med Price Change -3.23% -0.39% -5.24% +0.57% -0.23%
Avg Bedrooms 2.66 beds 2.63 beds 2.6 beds 2.66 beds 2.66 beds
Avg Bathrooms 2.54 baths 2.54 baths 2.53 baths 2.58 baths 2.57 baths
Home Price by House Size
Total Homes Average Price
All Homes 305 $1,201,138
Multi-Million Dollar Homes 141 $1,934,079
Newly Built Homes 14 $1,554,096
Homes with a Pool 298 $1,210,830
Reduced Price Homes 11 $954,490
RE/MAX Desert Properties
David Whittier
1775 E Palm Canyon Dr #610
Palm Springs, CA 92264-1651
760-968-6100
DRE# 01228098

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Based on information from California Regional Multiple Listing Service, Inc. as of June 18, 2024. 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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