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Rancho Mirage Market Report

$3,083,833

AVERAGE PRICE OF 48 HOMES

$4,368,436

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$4,798,000

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$3,165,196

AVERAGE PRICE OF 46 HOMES WITH A POOL

$2,468,000

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $3,083,833
Avg Bedrooms 3.5 beds
Avg Bathrooms 4.17 baths

Average Price by Bedrooms

1 bedroom $299,990
2 bedrooms $714,857
3 bedrooms $1,420,250
4 bedrooms $3,373,333
5 bedrooms $11,750,000
Rancho Mirage Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 440 418 382 389 353
Average Price $1,654,759 $1,715,916 $1,573,670 $1,426,381 $1,324,961
Avg Price Change -3.70% +9.04% +10.33% +7.65% +4.71%
Median Price $985,790 $992,901 $988,137 $955,696 $875,840
Med Price Change -0.72% +0.48% +3.39% +9.12% +7.74%
Avg Bedrooms 3.21 beds 3.2 beds 3.27 beds 3.13 beds 3.08 beds
Avg Bathrooms 3.64 baths 3.62 baths 3.59 baths 3.4 baths 3.3 baths
Home Price by House Size
Total Homes Average Price
All Homes 48 $3,083,833
Multi-Million Dollar Homes 31 $4,368,436
Newly Built Homes 5 $4,798,000
Homes with a Pool 46 $3,165,196
Reduced Price Homes 3 $2,468,000
Desert Sotheby's International | Cochran Estates
Jason Cochran
111 South Palm Canyon Dr.
Palm Springs, CA 92262
323-243-6998
DRE# 01878277

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Based on information from California Regional Multiple Listing Service, Inc. as of March 4, 2024. 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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