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Rancho Mirage Market Report

$1,010,636

AVERAGE PRICE OF 422 HOMES

$630,000

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,154,019

AVERAGE PRICE OF 124 MULTI-MILLION DOLLAR HOMES

$1,204,055

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$1,079,807

AVERAGE PRICE OF 358 HOMES WITH A POOL

$810,500

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $1,010,636
Avg Bedrooms 3.13 beds
Avg Bathrooms 3.41 baths

Average Price by Bedrooms

1 bedroom $289,811
2 bedrooms $403,179
3 bedrooms $738,105
4 bedrooms $1,765,394
5 bedrooms $2,353,445
Rancho Mirage Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 466 492 509 521 513
Average Price $943,603 $912,366 $922,169 $949,232 $957,409
Avg Price Change +3.42% -1.07% -2.93% -0.86% -0.76%
Median Price $608,599 $604,800 $608,898 $616,179 $610,533
Med Price Change +0.63% -0.68% -1.20% +0.92% -0.38%
Avg Bedrooms 3.11 beds 3.11 beds 3.12 beds 3.16 beds 3.18 beds
Avg Bathrooms 3.37 baths 3.34 baths 3.36 baths 3.43 baths 3.45 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Catcit 1 $225,000 109 days
Paldes 3 $579,300 35 days
Palspr 1 $747,000 126 days
Ranmir 31 $986,370 97 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 422 $1,010,636 98 days
Distressed Homes 5 $630,000 192 days
Multi-Million Dollar Homes 124 $2,154,019 103 days
Newly Built Homes 18 $1,204,055 77 days
Homes with a Pool 358 $1,079,807 97 days
Reduced Price Homes 6 $810,500 67 days
HK Lane Real Estate
Harvey Katofsky
74-199 El Paseo Suite 101 A
Palm Desert, CA 92260
760-541-4800
760-834-7500
DRE #01864516, 01873231 and 01887549

Bret A. Cohn
Stearns Home Loans
760-238-2232
74-980 Highway 111
Indian Wells, CA 92210

Based on information from California Regional Multiple Listing Service, Inc. as of November 30, 2020. 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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