Welcome to the latest edition of the Greater Palm Springs real estate market report for October 2020. I've compiled the best information from the local Palm Springs MLS®. Have a look at our full Palm Springs real estate market infographic below for details!
The median value of both single-family detached and attached homes continue their upward trajectory. Despite concerns about how the market would react to the global pandemic, business in the valley is booming. La Quinta, Desert Hot Springs, Cathedral City and Palm Springs all saw double digit growth. The median price of a home in Coachella Valley is $510,000, up 27% over last year. The median price of an attached home is $315,000, up 12.7% over last year.
It's definitely a seller's market -…
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