Property prices for sale in Palm Springs (California)

The prices in real estate in Palm Springs, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$494,908.17
Average price last 6 months
$294.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Palm Springs has fallen in the last 6 months. In April, the average price per sq.feet was $335. In the following month the price per sq.feet decreased to $300. The price for the following two months in (June, July) decreased 90 % with regard to the prior two months. The price per sq.feet has decreased 93 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $301.25 to $280 during August, and September.

Average price

Based upon to the price in Palm Springs (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $375,539. During May the price went through a considerable rise reaching $529,375. During the following two months (June, July) the price has had an average incrementation from $452,457 to $516,559. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $487,727 they are 70 % more affordable than the average price for Palm Springs. The properties with the highest average price have 4 bedrooms, Their price is 92 % more costly than the average. After that we have properties with 3 bedrooms priced at $635,749.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $225 / sq.feet, with an average $271 / sq.feet price in Palm Springs. The properties with the highest average prices have 4 bedrooms. They are 34 % more expensive than the average followed by properties with 3 bedrooms with a price at $320 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $487,727 it is 61 % cheaper than the average price in Palm Springs. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $562,954 it is 32 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $187 / sq.feet followed by "Townhouse" priced at $211 / sq.feet. "Commercial" is the most costly type of property with a $315 / sq.feet cost followed by "House" with an average price of $313 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Palm Springs
Number of properties used in region California
$487,727
$271
7,794
1,062,530
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value