In October 2020, there were 176 homes sold, with a median sale price of $477,000 - a 3.3% increase over the $461,750 median sale price for the same period of the previous year. There were 98 homes sold in Palm Springs in October 2019.
The median sales tax in Palm Springs for the most recent year with available data, 2019, was $3,474, approximately 0.7% of the median home sale price for October 2020.
The following table compares Palm Springs to other Riverside County cities with similar median sale prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Winchester | 48 | 59 | -18.6% | $522,500 | $395,000 | 32.3% |
| Mountain Center | 10 | 5 | 100% | $500,000 | $570,000 | -12.3% |
| Thermal | 1 | 0 | - | $500,000 | $0 | - |
| Murrieta | 281 | 200 | 40.5% | $495,000 | $436,000 | 13.5% |
| Wildomar | 41 | 38 | 7.9% | $495,000 | $406,000 | 21.9% |
| Palm Springs | 176 | 98 | 79.6% | $477,000 | $461,750 | 3.3% |
| Rubidoux | 20 | 21 | -4.8% | $472,500 | $400,000 | 18.1% |
| Riverside | 352 | 300 | 17.3% | $465,000 | $415,000 | 12% |
| Colton | 1 | 1 | 0% | $460,000 | $605,000 | -24% |
| Lake Elsinore | 95 | 75 | 26.7% | $435,000 | $374,000 | 16.3% |
| Romoland | 4 | 3 | 33.3% | $426,000 | $434,000 | -1.8% |
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