In October 2018, there were 123 homes sold, with a median sale price of $440,000 - a 24.5% increase over the $353,500 median sale price for the same period of the previous year. There were 136 homes sold in Palm Springs in October 2017.
The median sales tax in Palm Springs for the most recent year with available data, 2016, was $3,106, approximately 0.7% of the median home sale price for October 2018.
The following table compares Palm Springs to other Riverside County cities with similar median sales prices in October 2018:
| City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mountain Center | 5 | 3 | 66.7% | $518,000 | $282,000 | 83.7% |
| Corona | 235 | 267 | -12% | $495,000 | $480,000 | 3.1% |
| Canyon Lake | 22 | 14 | 57.1% | $493,500 | $432,000 | 14.2% |
| Mira Loma | 18 | 14 | 28.6% | $462,500 | $422,500 | 9.5% |
| Temecula | 146 | 178 | -18% | $454,250 | $445,000 | 2.1% |
| Palm Springs | 123 | 136 | -9.6% | $440,000 | $353,500 | 24.5% |
| Winchester | 45 | 39 | 15.4% | $430,000 | $400,000 | 7.5% |
| Bermuda Dunes | 13 | 23 | -43.5% | $430,000 | $332,500 | 29.3% |
| Murrieta | 190 | 193 | -1.6% | $420,000 | $405,000 | 3.7% |
| Riverside | 320 | 303 | 5.6% | $405,000 | $370,000 | 9.5% |
| Wildomar | 32 | 39 | -17.9% | $404,000 | $368,000 | 9.8% |
Alerts Sign-up