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Rancho Mirage Market Report

$1,299,596

AVERAGE PRICE OF 251 HOMES

$381,300

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,903,592

AVERAGE PRICE OF 80 MULTI-MILLION DOLLAR HOMES

$2,424,623

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$1,322,885

AVERAGE PRICE OF 161 HOMES WITH A POOL

$761,000

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $1,299,596
Avg Bedrooms 2.55 beds
Avg Bathrooms 2.72 baths

Average Price by Bedrooms

1 bedroom $225,000
2 bedrooms $427,244
3 bedrooms $805,967
4 bedrooms $1,524,848
5 bedrooms $3,155,611
Rancho Mirage Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 281 304 340 318 n/a
Average Price $1,179,259 $1,238,044 $1,210,165 $1,273,808 n/a
Avg Price Change -4.98% +2.30% -5.26% n/a n/a
Median Price $705,670 $701,630 $704,866 $701,075 n/a
Med Price Change +0.58% -0.46% +0.54% n/a n/a
Avg Bedrooms 2.65 beds 2.29 beds 2.62 beds 2.57 beds n/a
Avg Bathrooms 2.78 baths 2.39 baths 2.82 baths 2.79 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 1 $685,000 63 days
Rancho Mirage 5 $1,230,718 26 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 251 $1,299,596 59 days
Distressed Homes 3 $381,300 106 days
Multi-Million Dollar Homes 80 $2,903,592 68 days
Newly Built Homes 13 $2,424,623 92 days
Homes with a Pool 161 $1,322,885 53 days
Reduced Price Homes 3 $761,000 53 days
HK Lane Real Estate
Harvey Katofsky
74-199 El Paseo Suite 101 A
Palm Desert, CA 92260
760-541-4800
760-834-7500

Loan Depot

Bret A. Cohn
Loan Consultant
NMLS # 276433
loanDepot
760-238-2232
901 North Palm Canyon Dr. Suite 107
Palm Springs, California 92262

Based on information from California Regional Multiple Listing Service, Inc. as of July 29, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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