In June 2021, there were 114 homes sold, with a median sale price of $550,500 - a 43% increase over the $385,000 median sale price for the same period of the previous year. There were 62 homes sold in Palm Springs in June 2020.
The median sales tax in Palm Springs for the most recent year with available data, 2019, was $3,474, approximately 0.6% of the median home sale price for June 2021.
The following table compares Palm Springs to other Riverside County cities with similar median sale prices in June 2021:
| City | June 2021 Home Sales | June 2020 Home Sales | % change (Total Home Sales) | June 2021 Median Sales Price | June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| La Quinta | 119 | 49 | 142.9% | $620,000 | $390,000 | 59% |
| Canyon Lake | 16 | 20 | -20% | $592,500 | $520,000 | 13.9% |
| Winchester | 32 | 16 | 100% | $580,000 | $469,500 | 23.5% |
| Murrieta | 159 | 71 | 123.9% | $580,000 | $445,000 | 30.3% |
| Wildomar | 33 | 22 | 50% | $579,000 | $415,000 | 39.5% |
| Palm Springs | 114 | 62 | 83.9% | $550,500 | $385,000 | 43% |
| Nuevo | 1 | 1 | 0% | $540,000 | $475,000 | 13.7% |
| Riverside | 208 | 108 | 92.6% | $535,000 | $435,000 | 23% |
| Bermuda Dunes | 14 | 6 | 133.3% | $521,000 | $466,250 | 11.7% |
| Lake Elsinore | 53 | 26 | 103.8% | $520,000 | $382,500 | 35.9% |
| Calimesa | 4 | 6 | -33.3% | $505,000 | $414,500 | 21.8% |
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