Michael Layton
760-408-5300

Palm Springs Market Report

$667,733

AVERAGE PRICE OF 718 HOMES

$1,768,884

AVERAGE PRICE OF 120 MULTI-MILLION DOLLAR HOMES

$1,293,338

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$695,411

AVERAGE PRICE OF 650 HOMES WITH A POOL

$729,331

AVERAGE PRICE OF 37 REDUCED PRICE HOMES

Average Home

Average Price $667,733
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.67 baths

Average Price by Bedrooms

1 bedroom $157,127
2 bedrooms $372,094
3 bedrooms $676,138
4 bedrooms $1,168,387
5 bedrooms $1,408,876
Palm Springs Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 671 674 651 618 629
Average Price $659,195 $663,487 $649,455 $624,341 $628,190
Avg Price Change -0.65% +2.16% +4.02% -0.62% -2.46%
Median Price $496,212 $520,344 $506,926 $492,918 $472,676
Med Price Change -4.86% +2.65% +2.84% +4.28% -2.90%
Avg Bedrooms 2.74 beds 2.76 beds 2.77 beds 2.74 beds 2.72 beds
Avg Bathrooms 2.65 baths 2.69 baths 2.7 baths 2.64 baths 2.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City High 1 $215,000 97 days
Check W/City 2 $1,730,000 73 days
Palm Springs 1 $329,000 111 days
Palm Springs High Sc 30 $817,943 89 days
Palm Springs High School 9 $587,522 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 718 $667,733 67 days
Multi-Million Dollar Homes 120 $1,768,884 86 days
Newly Built Homes 24 $1,293,338 115 days
Homes with a Pool 650 $695,411 68 days
Reduced Price Homes 37 $729,331 69 days
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