In July 2019, there were 124 homes sold, with a median sale price of $426,250 - a 3.1% decrease over the $440,000 median sale price for the same period of the previous year. There were 160 homes sold in Palm Springs in July 2018.
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 July 2019.
The following table compares Palm Springs to other Riverside County cities with similar median sales prices in July 2019:
| City | July 2019 Home Sales | July 2018 Home Sales | % change (Total Home Sales) | July 2019 Median Sales Price | July 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Canyon Lake | 27 | 36 | -25% | $498,000 | $413,750 | 20.4% |
| Mira Loma | 16 | 24 | -33.3% | $493,500 | $526,000 | -6.2% |
| Temecula | 222 | 177 | 25.4% | $475,000 | $465,000 | 2.2% |
| Murrieta | 232 | 191 | 21.5% | $439,500 | $425,000 | 3.4% |
| Rubidoux | 18 | 18 | 0% | $431,000 | $330,000 | 30.6% |
| Palm Springs | 124 | 160 | -22.5% | $426,250 | $440,000 | -3.1% |
| Lakeview | 2 | 1 | 100% | $425,000 | $499,545 | -14.9% |
| La Quinta | 110 | 143 | -23.1% | $421,000 | $400,000 | 5.3% |
| Winchester | 51 | 44 | 15.9% | $420,000 | $416,500 | 0.8% |
| Wildomar | 45 | 36 | 25% | $420,000 | $410,000 | 2.4% |
| Riverside | 369 | 341 | 8.2% | $410,000 | $400,000 | 2.5% |
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