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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. via citytowninfo.com

Palm Springs Market Report

$992,533

AVERAGE PRICE OF 530 HOMES

$398,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,261,708

AVERAGE PRICE OF 158 MULTI-MILLION DOLLAR HOMES

$1,234,528

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$1,059,887

AVERAGE PRICE OF 353 HOMES WITH A POOL

$689,424

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $992,533
Avg Bedrooms 2.14 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $240,505
2 bedrooms $531,833
3 bedrooms $1,044,716
4 bedrooms $1,553,698
5 bedrooms $3,108,992
Palm Springs Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 566 n/a 572 553 580
Average Price $993,859 n/a $1,008,869 $1,004,174 $926,379
Avg Price Change n/a n/a +0.47% +8.40% +10.20%
Median Price $614,116 n/a $579,538 $580,013 $521,566
Med Price Change n/a n/a -0.08% +11.21% +3.30%
Avg Bedrooms 2.23 beds n/a 2.18 beds 2.13 beds 2.09 beds
Avg Bathrooms 2.17 baths n/a 2.12 baths 2.14 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 2 $214,499 54 days
Palm Springs 41 $1,153,323 117 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 530 $992,533 83 days
Distressed Homes 3 $398,333 226 days
Multi-Million Dollar Homes 158 $2,261,708 86 days
Newly Built Homes 44 $1,234,528 132 days
Homes with a Pool 353 $1,059,887 75 days
Reduced Price Homes 8 $689,424 90 days
Keller Williams Realty | Darren Kuhn Real Estate
Darren Kuhn
435 N Palm Canyon Dr
Palm Springs, CA 92262
415-608-4674
DRE# 02111792


Based on information from California Regional Multiple Listing Service, Inc. as of January 21, 2022. 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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