Palm Springs Real Estate Market

Palm Springs Market

The median sale price for homes in Palm Springs over the last 12 months is $213,650.


The median mortgage debt is $126,781.

Additional Statistics for Single Family Homes and Condos in Palm Springs, CA
$379,140
Median Listing Price
81
Median Days on Market
532
Active Listings
14.5%
Distressed Listings
(foreclosures and short sales)
Palm Springs, CA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Palm Springs is $544,900. The list prices increased by 9.19% from the previous month.

The price per square foot for listings in this area is $252.

The median sale price in January for single family homes is $208,710. The sale prices dropped by -4.69% from the previous month.

The price per square foot for sales in this area is $103.

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Palm Springs, CA Market Inventory Trends

The number of active listings in Palm Springs dropped by 15.2% from the previous month.

The median number of days active properties have been listed is 91.

The number of sales in January dropped by 85.2% from the previous month.

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Palm Springs, CA Property Ownership

Palm Springs has a high % of unoccupied properties. It is 21.06% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Palm Springs is 24.72% below the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.