Michael Layton
760-408-5300

Rancho Mirage Market Report

$1,106,280

AVERAGE PRICE OF 529 HOMES

$2,245,755

AVERAGE PRICE OF 172 MULTI-MILLION DOLLAR HOMES

$1,348,375

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$1,138,504

AVERAGE PRICE OF 491 HOMES WITH A POOL

$754,052

AVERAGE PRICE OF 30 REDUCED PRICE HOMES

Average Home

Average Price $1,106,280
Avg Bedrooms 3.32 beds
Avg Bathrooms 3.68 baths

Average Price by Bedrooms

1 bedroom $184,960
2 bedrooms $429,090
3 bedrooms $774,382
4 bedrooms $1,475,555
5 bedrooms $2,458,950
Rancho Mirage Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 493 463 383 346 364
Average Price $1,084,635 $1,060,138 $1,053,091 $996,744 $983,948
Avg Price Change +2.31% +0.67% +5.65% +1.30% -3.53%
Median Price $702,103 $672,183 $633,633 $651,216 $649,953
Med Price Change +4.45% +6.08% -2.77% +0.19% -2.25%
Avg Bedrooms 3.32 beds 3.31 beds 3.29 beds 3.31 beds 3.28 beds
Avg Bathrooms 3.67 baths 3.66 baths 3.61 baths 3.63 baths 3.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Desert High School 4 $841,747 99 days
Rancho Mirage 10 $623,179 90 days
Rancho Mirage High 11 $1,855,564 98 days
Rancho Mirage High School 7 $583,971 131 days
Rm High & Palm Valley 1 $2,697,000 298 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 529 $1,106,280 80 days
Multi-Million Dollar Homes 172 $2,245,755 87 days
Newly Built Homes 16 $1,348,375 114 days
Homes with a Pool 491 $1,138,504 82 days
Reduced Price Homes 30 $754,052 77 days
;