$5,046 Closing Credit*
$424,900
1,046 SqFt
2 Beds
•2 Full Baths
Simon Mills, Listing Office: Mills Realty of California
Housing Prices in Downtown Palm Springs, CA
How much do homes in Downtown Palm Springs, CA cost?
Median List Price
$404,500
$413/sqft
Based on all homes listed in the last 12 months.
Difference Since September 2023
+$9,500(+2.4%)
Key Takeaway
The list price of homes in Downtown Palm Springs has increased by 2.4% since last year.
Summary: The median home list price in Downtown Palm Springs was $404,500 in September 2024, up 2.4% from the previous year, and the median price per square foot was $413.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $259K | +1.6% |
| 2 Bedrooms | $405K | $410K | +1.2% |
| 3 Bedrooms | $850K | $599K | -29.5% |
| 4 Bedrooms | $2.6M | $2.7M | +3.8% |
| 5+ Bedrooms | $2.9M | $2.9M | +2.4% |
Summary: Downtown Palm Springs housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.6%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 29.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 2.4%.
Median List Price Compared To Nearby Neighborhoods
| Old Las Palmas | $2.0M | $3.6M | +75.0% |
| Baristo | $460.5K | $482K | +4.7% |
| Downtown Palm Springs | $395K | $404.5K | +2.4% |
| South of Movie Colony | $545K | $539K | -1.1% |
| Warm Sands | $1.1M | $1.0M | -12.4% |
Housing Supply in Downtown Palm Springs, CA
How many homes are available in Downtown Palm Springs, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Summary: The Downtown Palm Springs real estate market had 24 homes for sale in September 2024, a 33.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Downtown Palm Springs housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Downtown Palm Springs, CA
How long does it take to sell a home in Downtown Palm Springs, CA?
Average Listing Age
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 313 Days | 160 Days | -49.0% |
Summary: Homes in Downtown Palm Springs had an average listing age of 160 days in Sep 2024, down by 49% compared to the previous year.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.