In March 2019, there were 147 homes sold, with a median sale price of $445,000 - a 27.8% increase over the $348,250 median sale price for the same period of the previous year. There were 162 homes sold in Palm Springs in March 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 March 2019.
The following table compares Palm Springs to other Riverside County cities with similar median sales prices in March 2019:
| City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Rancho Mirage | 88 | 92 | -4.3% | $519,500 | $583,250 | -10.9% |
| Mira Loma | 18 | 20 | -10% | $517,500 | $455,000 | 13.7% |
| Corona | 218 | 215 | 1.4% | $487,500 | $520,000 | -6.3% |
| Temecula | 141 | 158 | -10.8% | $452,000 | $470,000 | -3.8% |
| La Quinta | 139 | 164 | -15.2% | $450,000 | $431,727 | 4.2% |
| Palm Springs | 147 | 162 | -9.3% | $445,000 | $348,250 | 27.8% |
| Mountain Center | 5 | 2 | 150% | $440,000 | $240,750 | 82.8% |
| Canyon Lake | 28 | 22 | 27.3% | $438,500 | $409,750 | 7% |
| Aguanga | 2 | 3 | -33.3% | $426,000 | $397,000 | 7.3% |
| Winchester | 34 | 50 | -32% | $425,000 | $459,000 | -7.4% |
| Murrieta | 152 | 193 | -21.2% | $419,500 | $420,000 | -0.1% |
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